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$5,889 (target)

2001 N VICTORIA PARK Road, Fort Lauderdale, FL 33305

3 beds • 2 baths • 1589 sqft

$1,295,000

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This property looks like a bad Long-Term investment with a projected -13.24% first-year return on $272k initial cash invested.

-13.24%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$5,889

Rent

-$3,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,889 income − $8,889 expenses = $3,000 out of pocket

Income$5,889Out of Pocket$3,000Mortgage P&I$6,414109%Property Taxes$4928%Insurance$4538%Management$58910%CapEx$2945%Vacancy$3536%Maintenance$2945%

Investment Breakdown

|

Purchase Price

$1295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$272k

Downpayment

20%

$259k

Closing costs

1%

$12,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,889

Total Expenses

$8,889

Mortgage P&I

109%

$6,414

Property Taxes

8%

$492

Home Insurance

8%

$453

HOA

0%

$0

Property Management

10%

$589

CapEx

5%

$294

Vacancy

6%

$353

Maintenance

5%

$294

Other

0%

$0

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