REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7131 NW 3rd Avenue, Boca Raton, FL 33487

3 beds • 2 baths • 2032 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.53% first-year return on $196k initial cash invested.

-21.53%

Cash On Cash

1.28%

Cap Rate

0.21

DSCR

$3,889

Rent

-$3,524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,889 income − $7,413 expenses = $3,524 out of pocket

Income$3,889Out of Pocket$3,524Mortgage P&I$4,276110%Property Taxes$61216%Insurance$3158%HOA$3439%Management$58315%CapEx$1564%Maintenance$1564%Other$97225%

Investment Breakdown

|

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

$3,889

Total Expenses

$7,413

Mortgage P&I

110%

$4,276

Property Taxes

16%

$612

Home Insurance

8%

$315

HOA

9%

$343

Property Management

15%

$583

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$972

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis