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713 Forsyth Street, Boca Raton, FL 33487

3 beds • 2 baths • 1626 sqft

$2,176,800

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This property looks like a bad Airbnb investment with a projected -30.49% first-year return on $475k initial cash invested.

-30.49%

Cash On Cash

-0.42%

Cap Rate

-0.07

DSCR

$4,116

Rent

-$12,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,116 income − $16,187 expenses = $12,071 out of pocket

Income$4,116Out of Pocket$12,071Mortgage P&I$11,136271%Property Taxes$2,16753%Insurance$90822%Management$61715%CapEx$1654%Maintenance$1654%Other$1,02925%

Investment Breakdown

|

Purchase Price

$2177k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$475k

Downpayment

20%

$435k

Closing costs

1%

$21,768

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,116

Total Expenses

$16,187

Mortgage P&I

271%

$11,136

Property Taxes

53%

$2,167

Home Insurance

22%

$908

HOA

0%

$0

Property Management

15%

$617

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,029

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