7723 Stirling Bridge Boulevard N, Delray Beach, FL 33446
3 beds • 2 baths • 1620 sqft
$579,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -9.42% first-year return on $122k initial cash invested.
-9.42%
Cash On Cash
4.82%
Cap Rate
0.76
DSCR
$4,351
Rent
-$956
Cashflow
Cash Flow
$4,351 income − $5,307 expenses = $956 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,351
Total Expenses
$5,307
Mortgage P&I
70%
$3,067
Property Taxes
13%
$580
Home Insurance
5%
$203
HOA
7%
$325
Property Management
10%
$435
CapEx
5%
$218
Vacancy
6%
$261
Maintenance
5%
$218
Other
0%
$0