REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$11,259 (target)

933 Banyan Drive, Delray Beach, FL 33483

3 beds • 4 baths • 1758 sqft

$2,554,700

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -20.34% first-year return on $554k initial cash invested.

-20.34%

Cash On Cash

1.89%

Cap Rate

0.31

DSCR

$11,259

Rent

-$9,400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,259 income − $20,659 expenses = $9,400 out of pocket

Income$11,259Out of Pocket$9,400Mortgage P&I$12,972115%Property Taxes$2,89826%Insurance$9629%Management$1,35112%CapEx$4504%Vacancy$3383%Maintenance$4504%Other$1,23811%

Investment Breakdown

|

Purchase Price

$2555k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$554k

Downpayment

20%

$511k

Closing costs

1%

$25,547

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,259

Total Expenses

$20,659

Mortgage P&I

115%

$12,972

Property Taxes

26%

$2,898

Home Insurance

9%

$962

HOA

0%

$0

Property Management

12%

$1,351

CapEx

4%

$450

Vacancy

3%

$338

Maintenance

4%

$450

Other

11%

$1,238

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis