Zip Code 33415West Palm Beach, FL

🟢GOODsolid returns

Cap Rate

7.2%

Monthly Cash Flow

+$191

Median Home Price

$281,953

DSCR

1.13

🏠 Fair Market Rents

Studio
$1,360/mo
1 Bedroom
$1,600/mo
2 Bedroom
$1,930/mo
3 Bedroom
$2,550/mo
4 Bedroom
$3,080/mo

📊 Investment Metrics

Cap Rate
7.2%
Cash-on-Cash Return
3.5%
Price-to-Rent Ratio
9.2
1% Rule
0.90%
Gross Rent Multiplier
9.2
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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