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712 Forsyth Street, Boca Raton, FL 33487

3 beds • 2 baths • 1698 sqft

$1,864,000

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This property looks like a bad Airbnb investment with a projected -27.09% first-year return on $409k initial cash invested.

-27.09%

Cash On Cash

0.18%

Cap Rate

0.03

DSCR

$4,585

Rent

-$9,242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1864k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$409k

Downpayment

20%

$373k

Closing costs

1%

$18,640

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,585

Total Expenses

$13,827

Mortgage P&I

204%

$9,344

Property Taxes

30%

$1,355

Home Insurance

20%

$928

HOA

0%

$0

Property Management

15%

$688

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,146

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