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$3,541 (target)

13820 CUMBERLAND Place, Davie, FL 33325

3 beds • 3 baths • 1547 sqft

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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $111k initial cash invested.

-11.02%

Cash On Cash

4.26%

Cap Rate

0.69

DSCR

$3,541

Rent

-$1,023

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,541 income − $4,564 expenses = $1,023 out of pocket

Income$3,541Out of Pocket$1,023Mortgage P&I$2,73177%Property Taxes$58517%Insurance$1925%HOA$1364%Management$35410%CapEx$1775%Vacancy$2126%Maintenance$1775%

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,304

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,541

Total Expenses

$4,564

Mortgage P&I

77%

$2,731

Property Taxes

17%

$585

Home Insurance

5%

$192

HOA

4%

$136

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

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