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9571 Isles Cay Drive, Delray Beach, FL 33446

3 beds • 2 baths • 2274 sqft

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This property looks like a bad Long-Term investment with a projected -4.12% first-year return on $119k initial cash invested.

-4.12%

Cash On Cash

5.63%

Cap Rate

0.95

DSCR

$5,450

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$566k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,664

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,450

Total Expenses

$5,858

Mortgage P&I

51%

$2,792

Property Taxes

13%

$707

Home Insurance

4%

$210

HOA

13%

$733

Property Management

10%

$545

CapEx

5%

$272

Vacancy

6%

$327

Maintenance

5%

$272

Other

0%

$0

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Comparable Property

Rent

Beds

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SQFT

Distance

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2

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0.9 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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