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7131 NW 3rd Avenue, Boca Raton, FL 33487

3 beds • 2 baths • 2032 sqft

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This property looks like a bad Airbnb investment with a projected -22.04% first-year return on $196k initial cash invested.

-22.04%

Cash On Cash

1.15%

Cap Rate

0.19

DSCR

$3,727

Rent

-$3,608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,727 income − $7,335 expenses = $3,608 out of pocket

Income$3,727Out of Pocket$3,608Mortgage P&I$4,276115%Property Taxes$61216%Insurance$3158%HOA$3439%Management$55915%CapEx$1494%Maintenance$1494%Other$93225%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,497

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,727

Total Expenses

$7,335

Mortgage P&I

115%

$4,276

Property Taxes

16%

$612

Home Insurance

8%

$315

HOA

9%

$343

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$932

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