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$7,600 (target)

10830 SW 79th Ave, Miami, FL 33156

3 beds • 2 baths • 1771 sqft

$1,175,000

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This property looks like a bad Mid-Term investment with a projected -11.08% first-year return on $265k initial cash invested.

-11.08%

Cash On Cash

3.9%

Cap Rate

0.64

DSCR

$7,600

Rent

-$2,445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,600 income − $10,045 expenses = $2,445 out of pocket

Income$7,600Out of Pocket$2,445Mortgage P&I$5,96478%Property Taxes$1,07014%Insurance$4276%Management$91212%CapEx$3044%Vacancy$2283%Maintenance$3044%Other$83611%

Investment Breakdown

|

Purchase Price

$1175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$265k

Downpayment

20%

$235k

Closing costs

1%

$11,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,600

Total Expenses

$10,045

Mortgage P&I

78%

$5,964

Property Taxes

14%

$1,070

Home Insurance

6%

$427

HOA

0%

$0

Property Management

12%

$912

CapEx

4%

$304

Vacancy

3%

$228

Maintenance

4%

$304

Other

11%

$836

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