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11021 NW 7th St, Fort Lauderdale, FL 33324

4 beds • 3 baths • 2803 sqft

$1,238,800

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This property looks like a bad Airbnb investment with a projected -17.57% first-year return on $284k initial cash invested.

-17.57%

Cash On Cash

2.23%

Cap Rate

0.37

DSCR

$7,231

Rent

-$4,160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1239k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$284k

Downpayment

20%

$248k

Closing costs

1%

$12,388

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$7,231

Total Expenses

$11,391

Mortgage P&I

85%

$6,178

Property Taxes

17%

$1,238

Home Insurance

6%

$455

HOA

1%

$49

Property Management

15%

$1,085

CapEx

4%

$289

Vacancy

0%

$0

Maintenance

4%

$289

Other

25%

$1,808

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