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1755 E Terra Mar Drive, Pompano Beach, FL 33062
3 beds • 2 baths • 2028 sqft
$1,365,800
View on ZillowThis property looks like a bad Mid-Term investment with a projected -7.88% first-year return on $305k initial cash invested.
-7.88%
Cash On Cash
4.6%
Cap Rate
0.77
DSCR
$10,576
Rent
-$2,002
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,576 income − $12,578 expenses = $2,002 out of pocket
Investment Breakdown
|
Purchase Price
$1366k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$305k
Downpayment
20%
$273k
Closing costs
1%
$13,658
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,576
Total Expenses
$12,578
Mortgage P&I
64%
$6,809
Property Taxes
15%
$1,617
Home Insurance
5%
$551
HOA
0%
$6
Property Management
12%
$1,269
CapEx
4%
$423
Vacancy
3%
$317
Maintenance
4%
$423
Other
11%
$1,163