FOR_SALEGood Deal73 days on market
1060 Citrus Way APT 204
1060 Citrus Way APT 204, Delray Beach, FL 33445, Delray Beach, FL 33445
1060 Citrus Way APT 204, Delray Beach, FL 33445
Loc: Delray Beach, FL
Days Listed
73
Tax Assessed
$169k
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
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
6.85%
Total ROI
23.9%
Cash Flow
$117/mo
DSCR
1.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Checking Access...
Haven AI
Analyzing property data...
Checking Access...
10-Year Price Projection
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: $180,000Rent Basis: Modeled Estimate ($1,440/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
5.47%
NOI: $9,854/yr
Cash-on-Cash Yield
-3.3%
On $41,400 invested
DSCR Ratio
0.88x
Negative debt coverage
5-Yr Leveraged ROI
+77.9%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.98% of basis)-$138/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$72/mo
Repairs & Maintenance (10% of rent)-$144/mo
Property Management (8% of rent)-$115/mo
Total Pure Operating Expenses-$619/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,440/mo
Less: Operating Expenses-$619/mo
Net Operating Income (NOI)+$821/mo
Less: Debt Service (30yr @ 6.75%)-$934/mo
Net Cash Flow
$-113/mo
$-1,353/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
Similar Properties Nearby
Explore other investment opportunities in Delray Beach.