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$4,844 (target)

20400 NW 38th Ct, Miami Gardens, FL 33055

3 beds • 2 baths • 1135 sqft

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This property looks like a bad Mid-Term investment with a projected -3.76% first-year return on $133k initial cash invested.

-3.76%

Cash On Cash

5.66%

Cap Rate

0.92

DSCR

$4,844

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,844 income − $5,262 expenses = $418 out of pocket

Income$4,844Out of Pocket$418Mortgage P&I$2,81358%Property Taxes$60613%Insurance$1964%Management$58112%CapEx$1944%Vacancy$1453%Maintenance$1944%Other$53311%

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,491

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,844

Total Expenses

$5,262

Mortgage P&I

58%

$2,813

Property Taxes

13%

$606

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$581

CapEx

4%

$194

Vacancy

3%

$145

Maintenance

4%

$194

Other

11%

$533

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