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2117 NE 61st Court, Fort Lauderdale, FL 33308

2 beds • 2 baths • 1155 sqft

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This property looks like a bad Long-Term investment with a projected -15.73% first-year return on $147k initial cash invested.

-15.73%

Cash On Cash

3.03%

Cap Rate

0.5

DSCR

$3,280

Rent

-$1,930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$7,010

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,280

Total Expenses

$5,210

Mortgage P&I

108%

$3,536

Property Taxes

18%

$593

Home Insurance

7%

$228

HOA

0%

$0

Property Management

10%

$328

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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