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2551 NW 98th Terrace, Coral Springs, FL 33065

3 beds • 2 baths • 1403 sqft

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This property might be a fair Mid-Term investment with a projected 9.79% first-year return on $130k initial cash invested.

9.79%

Cash On Cash

8.81%

Cap Rate

1.5

DSCR

$6,038

Rent

$1,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,357

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,038

Total Expenses

$4,973

Mortgage P&I

44%

$2,628

Property Taxes

2%

$99

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$725

CapEx

4%

$242

Vacancy

3%

$181

Maintenance

4%

$242

Other

11%

$664

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