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331 SE 6th Avenue, Pompano Beach, FL 33060

2 beds • 2 baths • 1402 sqft

$1,170,700

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This property looks like a bad Long-Term investment with a projected -25.38% first-year return on $246k initial cash invested.

-25.38%

Cash On Cash

0.86%

Cap Rate

0.14

DSCR

$4,000

Rent

-$5,200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1171k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$246k

Downpayment

20%

$234k

Closing costs

1%

$11,707

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,000

Total Expenses

$9,200

Mortgage P&I

146%

$5,838

Property Taxes

47%

$1,885

Home Insurance

11%

$437

HOA

0%

$0

Property Management

10%

$400

CapEx

5%

$200

Vacancy

6%

$240

Maintenance

5%

$200

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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$4,200

2

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1.3 mi

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2

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2

1

2020

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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