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2920 Old Orchard Rd, Davie, FL 33328

3 beds • 2 baths • 1857 sqft

$1,200,000

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This property looks like a bad Long-Term investment with a projected -24.57% first-year return on $252k initial cash invested.

-24.57%

Cash On Cash

1.14%

Cap Rate

0.19

DSCR

$3,630

Rent

-$5,160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,630

Total Expenses

$8,790

Mortgage P&I

169%

$6,117

Property Taxes

34%

$1,237

Home Insurance

12%

$420

HOA

2%

$71

Property Management

10%

$363

CapEx

5%

$182

Vacancy

6%

$218

Maintenance

5%

$182

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

3160 Peachtree Cir, Davie, FL 33328

$4,800

3

2

1922

0.4 mi

9197 Magnolia Ct, Davie, FL 33328

$4,700

3

2

1709

0.3 mi

8421 Sw 28th St, Unit 0, Davie, FL 33328

$3,500

3

2

1992

0.9 mi

9481 Oak Grove Cir, Davie, FL 33328

$4,400

3

2.5

1943

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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