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$7,396 (target)

2008 Admirals Way, Fort Lauderdale, FL 33316

3 beds • 3 baths • 1944 sqft

$2,172,600

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This property looks like a bad Long-Term investment with a projected -26.38% first-year return on $456k initial cash invested.

-26.38%

Cash On Cash

1.24%

Cap Rate

0.19

DSCR

$7,396

Rent

-$10,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,396 income − $17,424 expenses = $10,028 out of pocket

Income$7,396Out of Pocket$10,028Mortgage P&I$11,899161%Property Taxes$2,72837%Insurance$87312%Management$74010%CapEx$3705%Vacancy$4446%Maintenance$3705%

Investment Breakdown

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Purchase Price

$2173k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$456k

Downpayment

20%

$435k

Closing costs

1%

$21,726

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,396

Total Expenses

$17,424

Mortgage P&I

161%

$11,899

Property Taxes

37%

$2,728

Home Insurance

12%

$873

HOA

0%

$0

Property Management

10%

$740

CapEx

5%

$370

Vacancy

6%

$444

Maintenance

5%

$370

Other

0%

$0

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