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330 Long Island Avenue, Fort Lauderdale, FL 33312
3 beds • 2 baths • 1616 sqft
$445,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -8.67% first-year return on $93,513 initial cash invested.
-8.67%
Cash On Cash
4.49%
Cap Rate
0.76
DSCR
$3,116
Rent
-$676
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,116 income − $3,792 expenses = $676 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,513
Downpayment
20%
$89,060
Closing costs
1%
$4,453
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,116
Total Expenses
$3,792
Mortgage P&I
70%
$2,188
Property Taxes
20%
$635
Home Insurance
5%
$158
HOA
0%
$0
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0