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$6,483 (target)

10098 Ramblewood Drive, Coral Springs, FL 33071

3 beds • 2 baths • 1620 sqft

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This property might be a fair Mid-Term investment with a projected 2.99% first-year return on $150k initial cash invested.

2.99%

Cash On Cash

7.13%

Cap Rate

1.2

DSCR

$6,483

Rent

$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,483 income − $6,108 expenses = $375 cash flow

Income$6,483Mortgage P&I$3,11048%Property Taxes$5699%Insurance$2263%Management$77812%CapEx$2594%Vacancy$1943%Maintenance$2594%Other$71311%Cash Flow$375

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,298

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,483

Total Expenses

$6,108

Mortgage P&I

48%

$3,110

Property Taxes

9%

$569

Home Insurance

3%

$226

HOA

0%

$0

Property Management

12%

$778

CapEx

4%

$259

Vacancy

3%

$194

Maintenance

4%

$259

Other

11%

$713

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