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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 -24.49% first-year return on $143k initial cash invested.

-24.49%

Cash On Cash

0.39%

Cap Rate

0.06

DSCR

$1,824

Rent

-$2,917

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,824 income − $4,741 expenses = $2,917 out of pocket

Income$1,824Out of Pocket$2,917Mortgage P&I$3,037167%Property Taxes$53029%Insurance$20811%HOA$905%Management$27415%CapEx$734%Maintenance$734%Other$45625%

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

$1,824

Total Expenses

$4,741

Mortgage P&I

167%

$3,037

Property Taxes

29%

$530

Home Insurance

11%

$208

HOA

5%

$90

Property Management

15%

$274

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$456

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