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2744 SW 128th Avenue, Miramar, FL 33027

3 beds • 2 baths • 1589 sqft

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This property looks like a bad Long-Term investment with a projected -14.98% first-year return on $123k initial cash invested.

-14.98%

Cash On Cash

2.96%

Cap Rate

0.51

DSCR

$3,230

Rent

-$1,529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$583k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$117k

Closing costs

1%

$5,834

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,230

Total Expenses

$4,759

Mortgage P&I

87%

$2,807

Property Taxes

22%

$718

Home Insurance

7%

$210

HOA

6%

$183

Property Management

10%

$323

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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