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1120 E Tropical Way, Plantation, FL 33317

3 beds • 2 baths • 2248 sqft

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This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $178k initial cash invested.

-15.61%

Cash On Cash

2.72%

Cap Rate

0.48

DSCR

$4,250

Rent

-$2,318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$849k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$170k

Closing costs

1%

$8,487

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,250

Total Expenses

$6,568

Mortgage P&I

95%

$4,031

Property Taxes

26%

$1,123

Home Insurance

7%

$310

HOA

0%

$0

Property Management

10%

$425

CapEx

5%

$212

Vacancy

6%

$255

Maintenance

5%

$212

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1000 Renmar Dr, Plantation, FL 33317

$3,850

3

2

2170

0.3 mi

192 Sw 62nd Ter, Plantation, FL 33317

$4,350

3

2

2252

0.9 mi

1701 Sw 75th Ter, Plantation, FL 33317

$4,300

3

2.5

2342

1 mi

5250 Sw 4th Ct, Plantation, FL 33317

$4,600

3

2

1929

1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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