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1199 SW 109th Ln, Davie, FL 33324

3 beds • 3 baths • 1774 sqft

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This property looks like a bad Long-Term investment with a projected -2.04% first-year return on $105k initial cash invested.

-2.04%

Cash On Cash

5.99%

Cap Rate

1.01

DSCR

$4,210

Rent

-$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$498k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,660

Closing costs

1%

$4,983

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,210

Total Expenses

$4,388

Mortgage P&I

58%

$2,457

Property Taxes

13%

$547

Home Insurance

4%

$180

HOA

3%

$110

Property Management

10%

$421

CapEx

5%

$210

Vacancy

6%

$253

Maintenance

5%

$210

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

60 Nw 110th Ave, Plantation, FL 33324

$3,400

3

2.5

1740

1.2 mi

90 Nw 110th Ave, Plantation, FL 33324

$3,500

3

2.5

1740

1.2 mi

1683 Sw 109th Ter, Davie, FL 33324

$3,250

3

2.5

1648

0.4 mi

10965 W Broward Blvd, # 0, Plantation, FL 33324

$3,049

3

3

1532

1.2 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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