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1857 NE 56th Court, Fort Lauderdale, FL 33308

3 beds • 2 baths • 1720 sqft

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This property looks like a bad Long-Term investment with a projected -6.25% first-year return on $158k initial cash invested.

-6.25%

Cash On Cash

5.17%

Cap Rate

0.85

DSCR

$5,310

Rent

-$820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,310

Total Expenses

$6,130

Mortgage P&I

71%

$3,783

Property Taxes

13%

$703

Home Insurance

5%

$262

HOA

0%

$0

Property Management

10%

$531

CapEx

5%

$266

Vacancy

6%

$319

Maintenance

5%

$266

Other

0%

$0

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Comparable Property

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SQFT

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$2,850

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