REI Lense

REI Lense

Unlock all features! Tap here to upgrade

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 Airbnb investment with a projected -29.09% first-year return on $554k initial cash invested.

-29.09%

Cash On Cash

-0.1%

Cap Rate

-0.02

DSCR

$6,523

Rent

-$13,440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,523 income − $19,963 expenses = $13,440 out of pocket

Income$6,523Out of Pocket$13,440Mortgage P&I$12,972199%Property Taxes$2,89844%Insurance$96215%Management$97815%CapEx$2614%Maintenance$2614%Other$1,63125%

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

$6,523

Total Expenses

$19,963

Mortgage P&I

199%

$12,972

Property Taxes

44%

$2,898

Home Insurance

15%

$962

HOA

0%

$0

Property Management

15%

$978

CapEx

4%

$261

Vacancy

0%

$0

Maintenance

4%

$261

Other

25%

$1,631

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis