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$4,500 (target)

1273 Spring Cir Drive, Pompano Beach, FL 33071

3 beds • 2 baths • 1451 sqft

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This property looks like a bad Mid-Term investment with a projected -5.53% first-year return on $123k initial cash invested.

-5.53%

Cash On Cash

5.05%

Cap Rate

0.84

DSCR

$4,500

Rent

-$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,500 income − $5,069 expenses = $569 out of pocket

Income$4,500Out of Pocket$569Mortgage P&I$2,50256%Property Taxes$75017%Insurance$1924%HOA$952%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%

Investment Breakdown

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Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,021

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,500

Total Expenses

$5,069

Mortgage P&I

56%

$2,502

Property Taxes

17%

$750

Home Insurance

4%

$192

HOA

2%

$95

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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