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$4,120 (target)

14420 NW 16th Street, Pembroke Pines, FL 33028

3 beds • 2 baths • 1616 sqft

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This property looks like a bad Long-Term investment with a projected -14.49% first-year return on $157k initial cash invested.

-14.49%

Cash On Cash

3.25%

Cap Rate

0.54

DSCR

$4,120

Rent

-$1,899

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,120 income − $6,019 expenses = $1,899 out of pocket

Income$4,120Out of Pocket$1,899Mortgage P&I$3,72090%Property Taxes$58414%Insurance$2626%HOA$3829%Management$41210%CapEx$2065%Vacancy$2476%Maintenance$2065%

Investment Breakdown

|

Purchase Price

$749k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,120

Total Expenses

$6,019

Mortgage P&I

90%

$3,720

Property Taxes

14%

$584

Home Insurance

6%

$262

HOA

9%

$382

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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