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1550 SW 89th Ct, Miami, FL 33174

4 beds • 3 baths • 2011 sqft

$1,150,000

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This property looks like a bad Long-Term investment with a projected -17.97% first-year return on $242k initial cash invested.

-17.97%

Cash On Cash

2.36%

Cap Rate

0.4

DSCR

$4,550

Rent

-$3,617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,550

Total Expenses

$8,167

Mortgage P&I

124%

$5,648

Property Taxes

21%

$933

Home Insurance

9%

$402

HOA

0%

$0

Property Management

10%

$455

CapEx

5%

$228

Vacancy

6%

$273

Maintenance

5%

$228

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1550 Sw 89th Ct, Unit 0, Miami, FL 33174

$6,500

4

3

2011

0 mi

8943 Sw 25th St, Miami, FL 33165

$4,550

4

3

1928

0.6 mi

8940 Sw 5th St, Miami, FL 33174

$4,000

4

3

1881

0.6 mi

8952 Sw 10th Ter, Miami, FL 33174

$5,000

4

3

2388

0.3 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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