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2280 SE 10th Court, Pompano Beach, FL 33062

3 beds • 2 baths • 1750 sqft

$1,599,000

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This property looks like a bad Long-Term investment with a projected -13.54% first-year return on $336k initial cash invested.

-13.54%

Cash On Cash

3.66%

Cap Rate

0.59

DSCR

$7,450

Rent

-$3,789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1599k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$336k

Downpayment

20%

$320k

Closing costs

1%

$15,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,450

Total Expenses

$11,239

Mortgage P&I

111%

$8,297

Property Taxes

6%

$446

Home Insurance

8%

$560

HOA

0%

$0

Property Management

10%

$745

CapEx

5%

$372

Vacancy

6%

$447

Maintenance

5%

$372

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2228 Se 10th St, Pompano Beach, FL 33062

$9,000

3

2

1746

0.1 mi

2321 Se 15th St, Pompano Beach, FL 33062

$7,500

3

2

1744

0.4 mi

949 Se 10th Ct, Pompano Beach, FL 33060

$4,800

3

2

1692

0.3 mi

2433 Se 10th St, Pompano Beach, FL 33062

$4,500

3

2

1664

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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