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9696 NW 28th Place, Coral Springs, FL 33065

3 beds • 2 baths • 1652 sqft

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This property looks like a bad Airbnb investment with a projected -12.19% first-year return on $140k initial cash invested.

-12.19%

Cash On Cash

3.35%

Cap Rate

0.56

DSCR

$3,970

Rent

-$1,424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,970 income − $5,394 expenses = $1,424 out of pocket

Income$3,970Out of Pocket$1,424Mortgage P&I$2,88773%Property Taxes$39110%Insurance$2105%Management$59615%CapEx$1594%Maintenance$1594%Other$99225%

Investment Breakdown

|

Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,818

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,970

Total Expenses

$5,394

Mortgage P&I

73%

$2,887

Property Taxes

10%

$391

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$992

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