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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 -11.59% first-year return on $140k initial cash invested.

-11.59%

Cash On Cash

3.5%

Cap Rate

0.59

DSCR

$4,104

Rent

-$1,354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,104 income − $5,458 expenses = $1,354 out of pocket

Income$4,104Out of Pocket$1,354Mortgage P&I$2,88770%Property Taxes$39110%Insurance$2105%Management$61615%CapEx$1644%Maintenance$1644%Other$1,02625%

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

$4,104

Total Expenses

$5,458

Mortgage P&I

70%

$2,887

Property Taxes

10%

$391

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$616

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,026

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