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6972 NW 19th Street, Margate, FL 33063

3 beds • 2 baths • 1606 sqft

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This property looks like a bad Airbnb investment with a projected -11.37% first-year return on $165k initial cash invested.

-11.37%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$6,006

Rent

-$1,563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,006 income − $7,569 expenses = $1,563 out of pocket

Income$6,006Out of Pocket$1,563Mortgage P&I$3,53159%Property Taxes$91015%Insurance$2454%Management$90115%CapEx$2404%Maintenance$2404%Other$1,50225%

Investment Breakdown

|

Purchase Price

$700k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,000

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,006

Total Expenses

$7,569

Mortgage P&I

59%

$3,531

Property Taxes

15%

$910

Home Insurance

4%

$245

HOA

0%

$0

Property Management

15%

$901

CapEx

4%

$240

Vacancy

0%

$0

Maintenance

4%

$240

Other

25%

$1,502

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