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1428 NW 97th St, Miami, FL 33147

3 beds • 2 baths • 2773 sqft

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This property looks like a bad Mid-Term investment with a projected -6.59% first-year return on $149k initial cash invested.

-6.59%

Cash On Cash

4.64%

Cap Rate

0.79

DSCR

$4,803

Rent

-$820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,803

Total Expenses

$5,623

Mortgage P&I

63%

$3,045

Property Taxes

15%

$727

Home Insurance

5%

$219

HOA

0%

$0

Property Management

12%

$576

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$528

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