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$8,734 (target)

2625 NE 30TH Street, Fort Lauderdale, FL 33306

3 beds • 2 baths • 2299 sqft

$1,884,200

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This property looks like a bad Mid-Term investment with a projected -20.63% first-year return on $414k initial cash invested.

-20.63%

Cash On Cash

2.05%

Cap Rate

0.32

DSCR

$8,734

Rent

-$7,111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,734 income − $15,845 expenses = $7,111 out of pocket

Income$8,734Out of Pocket$7,111Mortgage P&I$9,977114%Property Taxes$2,31126%Insurance$5887%Management$1,04812%CapEx$3494%Vacancy$2623%Maintenance$3494%Other$96111%

Investment Breakdown

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Purchase Price

$1884k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$414k

Downpayment

20%

$377k

Closing costs

1%

$18,842

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,734

Total Expenses

$15,845

Mortgage P&I

114%

$9,977

Property Taxes

26%

$2,311

Home Insurance

7%

$588

HOA

0%

$0

Property Management

12%

$1,048

CapEx

4%

$349

Vacancy

3%

$262

Maintenance

4%

$349

Other

11%

$961

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