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$4,659 (target)

18815 NW 37th Ave, Miami Gardens, FL 33056

3 beds • 2 baths • 1701 sqft

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This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $122k initial cash invested.

0.23%

Cash On Cash

6.41%

Cap Rate

1.09

DSCR

$4,659

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,659 income − $4,636 expenses = $23 cash flow

Income$4,659Mortgage P&I$2,44753%Property Taxes$4149%Insurance$1924%Management$55912%CapEx$1864%Vacancy$1403%Maintenance$1864%Other$51211%Cash Flow$23

Investment Breakdown

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Purchase Price

$498k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,500

Closing costs

1%

$4,975

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,659

Total Expenses

$4,636

Mortgage P&I

53%

$2,447

Property Taxes

9%

$414

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$559

CapEx

4%

$186

Vacancy

3%

$140

Maintenance

4%

$186

Other

11%

$512

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