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1520 SE 1st Street, Fort Lauderdale, FL 33301

3 beds • 3 baths • 2048 sqft

$1,097,800

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This property looks like a bad Long-Term investment with a projected -10.09% first-year return on $231k initial cash invested.

-10.09%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$7,610

Rent

-$1,939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1098k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$10,978

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,610

Total Expenses

$9,549

Mortgage P&I

74%

$5,617

Property Taxes

18%

$1,394

Home Insurance

7%

$560

HOA

0%

$0

Property Management

10%

$761

CapEx

5%

$380

Vacancy

6%

$457

Maintenance

5%

$380

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

222 Se 16th Ave, Fort Lauderdale, FL 33301

$6,500

3

3

1827

0.1 mi

1619 Se 4th St, Fort Lauderdale, FL 33301

$5,000

3

3

2345

0.2 mi

1609 Ne 2nd Ct, Fort Lauderdale, FL 33301

$7,000

3

2

2006

0.3 mi

1220 Se 2nd St, Fort Lauderdale, FL 33301

$6,000

3

3

1506

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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