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$5,607 (target)

7548 Lexington Club Boulevard Apt A, Delray Beach, FL 33446

3 beds • 2 baths • 1657 sqft

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This property might be a fair Mid-Term investment with a projected 5.5% first-year return on $93,747 initial cash invested.

5.5%

Cash On Cash

8.5%

Cap Rate

1.34

DSCR

$5,607

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,607 income − $5,177 expenses = $430 cash flow

Income$5,607Mortgage P&I$1,90034%Property Taxes$2825%Insurance$1302%HOA$95917%Management$67312%CapEx$2244%Vacancy$1683%Maintenance$2244%Other$61711%Cash Flow$430

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,747

Downpayment

20%

$72,140

Closing costs

1%

$3,607

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,607

Total Expenses

$5,177

Mortgage P&I

34%

$1,900

Property Taxes

5%

$282

Home Insurance

2%

$130

HOA

17%

$959

Property Management

12%

$673

CapEx

4%

$224

Vacancy

3%

$168

Maintenance

4%

$224

Other

11%

$617

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