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$6,032 (target)

905 NW 22nd Avenue, Delray Beach, FL 33445

3 beds • 2 baths • 1782 sqft

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This property might be a fair Mid-Term investment with a projected 4.75% first-year return on $129k initial cash invested.

4.75%

Cash On Cash

8.05%

Cap Rate

1.27

DSCR

$6,032

Rent

$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,032 income − $5,520 expenses = $512 cash flow

Income$6,032Mortgage P&I$2,80847%Property Taxes$2735%Insurance$1883%HOA$2003%Management$72412%CapEx$2414%Vacancy$1813%Maintenance$2414%Other$66411%Cash Flow$512

Investment Breakdown

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Purchase Price

$531k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,307

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,032

Total Expenses

$5,520

Mortgage P&I

47%

$2,808

Property Taxes

5%

$273

Home Insurance

3%

$188

HOA

3%

$200

Property Management

12%

$724

CapEx

4%

$241

Vacancy

3%

$181

Maintenance

4%

$241

Other

11%

$664

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