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$7,877 (target)

7789 WILDFLOWER SHORES Drive, Delray Beach, FL 33446

3 beds • 3 baths • 2493 sqft

$1,278,000

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This property looks like a bad Long-Term investment with a projected -13.35% first-year return on $268k initial cash invested.

-13.35%

Cash On Cash

3.58%

Cap Rate

0.6

DSCR

$7,877

Rent

-$2,986

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,877 income − $10,863 expenses = $2,986 out of pocket

Income$7,877Out of Pocket$2,986Mortgage P&I$6,40381%Property Taxes$1,24216%Insurance$4726%HOA$6979%Management$78810%CapEx$3945%Vacancy$4736%Maintenance$3945%

Investment Breakdown

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Purchase Price

$1278k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$268k

Downpayment

20%

$256k

Closing costs

1%

$12,780

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,877

Total Expenses

$10,863

Mortgage P&I

81%

$6,403

Property Taxes

16%

$1,242

Home Insurance

6%

$472

HOA

9%

$697

Property Management

10%

$788

CapEx

5%

$394

Vacancy

6%

$473

Maintenance

5%

$394

Other

0%

$0

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