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7572 Parkside Lane, Margate, FL 33063

3 beds • 3 baths • 1797 sqft

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This property looks like a bad Airbnb investment with a projected -18.25% first-year return on $143k initial cash invested.

-18.25%

Cash On Cash

2%

Cap Rate

0.33

DSCR

$3,252

Rent

-$2,174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,252 income − $5,426 expenses = $2,174 out of pocket

Income$3,252Out of Pocket$2,174Mortgage P&I$3,03793%Property Taxes$53016%Insurance$2086%HOA$903%Management$48815%CapEx$1304%Maintenance$1304%Other$81325%

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,252

Total Expenses

$5,426

Mortgage P&I

93%

$3,037

Property Taxes

16%

$530

Home Insurance

6%

$208

HOA

3%

$90

Property Management

15%

$488

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$813

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