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933 Banyan Drive, Delray Beach, FL 33483

3 beds • 4 baths • 1758 sqft

$2,554,700

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This property looks like a bad Airbnb investment with a projected -28.81% first-year return on $554k initial cash invested.

-28.81%

Cash On Cash

-0.03%

Cap Rate

-0.01

DSCR

$6,770

Rent

-$13,312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,770 income − $20,082 expenses = $13,312 out of pocket

Income$6,770Out of Pocket$13,312Mortgage P&I$12,972192%Property Taxes$2,89843%Insurance$96214%Management$1,01615%CapEx$2714%Maintenance$2714%Other$1,69225%

Investment Breakdown

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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

$6,770

Total Expenses

$20,082

Mortgage P&I

192%

$12,972

Property Taxes

43%

$2,898

Home Insurance

14%

$962

HOA

0%

$0

Property Management

15%

$1,016

CapEx

4%

$271

Vacancy

0%

$0

Maintenance

4%

$271

Other

25%

$1,692

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