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2153 Imperial Point Dr, Fort Lauderdale, FL 33308
3 beds • 3 baths • 1936 sqft
$1,401,500
View on ZillowThis property looks like a bad Mid-Term investment with a projected -13.92% first-year return on $312k initial cash invested.
-13.92%
Cash On Cash
3.17%
Cap Rate
0.53
DSCR
$7,755
Rent
-$3,623
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,755 income − $11,378 expenses = $3,623 out of pocket
Investment Breakdown
|
Purchase Price
$1402k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$312k
Downpayment
20%
$280k
Closing costs
1%
$14,015
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,755
Total Expenses
$11,378
Mortgage P&I
91%
$7,021
Property Taxes
15%
$1,195
Home Insurance
7%
$525
HOA
0%
$0
Property Management
12%
$931
CapEx
4%
$310
Vacancy
3%
$233
Maintenance
4%
$310
Other
11%
$853