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$4,040 (target)

1606 NW 13TH Court, Fort Lauderdale, FL 33311

3 beds • 2 baths • 936 sqft

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This property looks like a bad Mid-Term investment with a projected -0.61% first-year return on $104k initial cash invested.

-0.61%

Cash On Cash

6.72%

Cap Rate

1.05

DSCR

$4,040

Rent

-$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,040 income − $4,093 expenses = $53 out of pocket

Income$4,040Out of Pocket$53Mortgage P&I$2,17454%Property Taxes$40110%Insurance$1444%Management$48512%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44411%

Investment Breakdown

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Purchase Price

$408k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,500

Closing costs

1%

$4,075

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,040

Total Expenses

$4,093

Mortgage P&I

54%

$2,174

Property Taxes

10%

$401

Home Insurance

4%

$144

HOA

0%

$0

Property Management

12%

$485

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$444

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