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2436 Cat Cay Ln, Fort Lauderdale, FL 33312

3 beds • 2 baths • 1702 sqft

$1,154,000

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This property looks like a bad Long-Term investment with a projected -23.1% first-year return on $242k initial cash invested.

-23.1%

Cash On Cash

1.5%

Cap Rate

0.24

DSCR

$4,090

Rent

-$4,665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1154k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$231k

Closing costs

1%

$11,540

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,090

Total Expenses

$8,755

Mortgage P&I

144%

$5,904

Property Taxes

33%

$1,369

Home Insurance

10%

$420

HOA

0%

$0

Property Management

10%

$409

CapEx

5%

$204

Vacancy

6%

$245

Maintenance

5%

$204

Other

0%

$0

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