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1317 SE 2nd Avenue, Fort Lauderdale, FL 33316

3 beds • 3 baths • 2416 sqft

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This property could be a profitable Mid-Term investment with a projected 10.99% first-year return on $184k initial cash invested.

10.99%

Cash On Cash

9.05%

Cap Rate

1.53

DSCR

$9,518

Rent

$1,687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$792k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$158k

Closing costs

1%

$7,918

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,518

Total Expenses

$7,831

Mortgage P&I

41%

$3,904

Property Taxes

4%

$395

Home Insurance

3%

$295

HOA

0%

$0

Property Management

12%

$1,142

CapEx

4%

$381

Vacancy

3%

$286

Maintenance

4%

$381

Other

11%

$1,047

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