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190 W 51st St, Hialeah, FL 33012

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Long-Term investment with a projected -17.13% first-year return on $147k initial cash invested.

-17.13%

Cash On Cash

2.76%

Cap Rate

0.46

DSCR

$3,550

Rent

-$2,095

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,550

Total Expenses

$5,645

Mortgage P&I

99%

$3,526

Property Taxes

27%

$950

Home Insurance

7%

$245

HOA

0%

$0

Property Management

10%

$355

CapEx

5%

$178

Vacancy

6%

$213

Maintenance

5%

$178

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

11602 Nw 58th Ave, Hialeah, FL 33012

$3,800

3

2

2006

0.8 mi

590 E 52nd St, Unit 590, Hialeah, FL 33013

$3,500

3

2

2219

1 mi

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3

2

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0.7 mi

539 W 40th Pl, Hialeah, FL 33012

$3,100

3

2

1856

0.8 mi

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4

2

2380

1.3 mi

1255 S Forest Knoll St

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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

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