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$5,091 (target)

1624 NE 31ST Court, Pompano Beach, FL 33064

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Mid-Term investment with a projected -3.39% first-year return on $131k initial cash invested.

-3.39%

Cash On Cash

6.21%

Cap Rate

0.94

DSCR

$5,091

Rent

-$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,091 income − $5,462 expenses = $371 out of pocket

Income$5,091Out of Pocket$371Mortgage P&I$2,95558%Property Taxes$58612%Insurance$1894%Management$61112%CapEx$2044%Vacancy$1533%Maintenance$2044%Other$56011%

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,390

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,091

Total Expenses

$5,462

Mortgage P&I

58%

$2,955

Property Taxes

12%

$586

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$611

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$560

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