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1895 NW 47th Ter, Miami, FL 33142

6 beds • 4 baths • 2300 sqft • 2 units

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This property looks like a bad Long-Term investment with a projected -0.58% first-year return on $168k initial cash invested.

-0.58%

Cash On Cash

6.27%

Cap Rate

1.06

DSCR

$6,040

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,040 income − $6,121 expenses = $81 out of pocket

Income$6,040Out of Pocket$81Mortgage P&I$3,95665%Property Taxes$3155%Insurance$2805%Management$60410%CapEx$3025%Vacancy$3626%Maintenance$3025%

Investment Breakdown

|

Purchase Price

$799k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$7,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,040

Total Expenses

$6,121

Mortgage P&I

66%

$3,956

Property Taxes

5%

$315

Home Insurance

5%

$280

HOA

0%

$0

Property Management

10%

$604

CapEx

5%

$302

Vacancy

6%

$362

Maintenance

5%

$302

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

4491 Nw 23rd Ave, # 1, Miami, FL 33142

$2,900

3

2

1090

0.4 mi

1980 Nw 54th St, Miami, FL 33142

$3,100

3

2

986

0.4 mi

1821 Nw 51st Ter, Unit A, Miami, FL 33142

$2,600

3

1

1000

0.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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