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260 Lake Drive, Pompano Beach, FL 33066

3 beds • 2 baths • 1776 sqft

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This property looks like a bad Mid-Term investment with a projected -7.26% first-year return on $137k initial cash invested.

-7.26%

Cash On Cash

4.56%

Cap Rate

0.77

DSCR

$4,671

Rent

-$830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$567k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,672

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,671

Total Expenses

$5,501

Mortgage P&I

60%

$2,797

Property Taxes

19%

$907

Home Insurance

4%

$208

HOA

0%

$0

Property Management

12%

$561

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$514

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