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$8,889 (target)

1500 Lacosta Drive W, Pembroke Pines, FL 33027

3 beds • 3 baths • 2368 sqft

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This property might be a fair Mid-Term investment with a projected 1% first-year return on $175k initial cash invested.

1%

Cash On Cash

6.68%

Cap Rate

1.14

DSCR

$8,889

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,889 income − $8,743 expenses = $146 cash flow

Income$8,889Mortgage P&I$3,66941%Property Taxes$1,22414%Insurance$2623%HOA$5646%Management$1,06712%CapEx$3564%Vacancy$2673%Maintenance$3564%Other$97811%Cash Flow$146

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,495

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,889

Total Expenses

$8,743

Mortgage P&I

41%

$3,669

Property Taxes

14%

$1,224

Home Insurance

3%

$262

HOA

6%

$564

Property Management

12%

$1,067

CapEx

4%

$356

Vacancy

3%

$267

Maintenance

4%

$356

Other

11%

$978

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