OFF_MARKETRisky Deal47 days on market

82 Flanders B

82 Flanders B, Delray Beach, FL 33484, Delray Beach, FL 33484
$54,900

Listing Price

Property image 1
82 Flanders B, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
47
Tax Assessed
$25k
Rent Estimate
$1,486/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Orchard View Elementary School

PK-5
2.5 mi away
3

Carver Middle School

6-8
2.5 mi away
8

Spanish River Community High School

PK,6-12
2.9 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.65%
Total ROI
12.9%
Cash Flow
$-65/mo
DSCR
0.77
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-02Sold$51,500$72
2026-05-18Price change$54,900$76
2026-04-24Price change$59,999$83
2026-04-22Listed for sale$69,999$97
2011-10-17Sold$9,500$13
2005-03-16Sold$41,000$57

Tax History

YearProperty TaxTax Assessment
2025$264$24,650
2024$255$23,955
2023$247$23,257
2022$245$22,580
2021$230$21,922
2020$226.5$21,619
2019$228.5$21,133
2018$228.5$20,739
2017$246.5$20,312
2016$233$19,894
2015$230.5$19,756
2014$447.23$9,385
2013$403.81$8,532
2012$362.52$7,756
2011$365.89$7,756
2010$345.39$7,000
2009$438.63$13,000
2008$501.65$18,900
2007$869.09$43,000
2006$1,115.15$53,200
2005$0$10,046
2004$0$9,753
2003$128.05$9,571
2002$108.05$9,347
2001$109.05$9,200
2000$107.05$12,200
1999$0$12,200
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
720
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $54,900Rent Basis: Observed Comp Model ($1,486/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
21.29%

NOI: $11,689/yr

Cash-on-Cash Yield
65.5%

On $12,627 invested

DSCR Ratio
3.42x

Prime loan qualification

5-Yr Leveraged ROI
+421.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$20/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$74/mo
Repairs & Maintenance (10% of rent)-$149/mo
Property Management (8% of rent)-$119/mo
Total Pure Operating Expenses-$512/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,486/mo
Less: Operating Expenses-$512/mo
Net Operating Income (NOI)+$974/mo
Less: Debt Service (30yr @ 6.75%)-$285/mo
Net Cash Flow
$689/mo
$8,271/year
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