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1317 SE 2nd Avenue, Fort Lauderdale, FL 33316

3 beds • 3 baths • 2416 sqft

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This property might be a fair Long-Term investment with a projected 0.74% first-year return on $166k initial cash invested.

0.74%

Cash On Cash

6.55%

Cap Rate

1.11

DSCR

$6,345

Rent

$102

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

$166k

Downpayment

20%

$158k

Closing costs

1%

$7,918

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,345

Total Expenses

$6,243

Mortgage P&I

62%

$3,904

Property Taxes

6%

$395

Home Insurance

5%

$295

HOA

0%

$0

Property Management

10%

$634

CapEx

5%

$317

Vacancy

6%

$381

Maintenance

5%

$317

Other

0%

$0

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