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$3,865 (target)

3358 SW 16th Court, Fort Lauderdale, FL 33312

3 beds • 2 baths • 1846 sqft

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This property looks like a bad Long-Term investment with a projected -1.06% first-year return on $109k initial cash invested.

-1.06%

Cash On Cash

6.19%

Cap Rate

1.04

DSCR

$3,865

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,865 income − $3,961 expenses = $96 out of pocket

Income$3,865Out of Pocket$96Mortgage P&I$2,58167%Property Taxes$1945%Insurance$1825%Management$38610%CapEx$1935%Vacancy$2326%Maintenance$1935%

Investment Breakdown

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Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,865

Total Expenses

$3,961

Mortgage P&I

67%

$2,581

Property Taxes

5%

$194

Home Insurance

5%

$182

HOA

0%

$0

Property Management

10%

$386

CapEx

5%

$193

Vacancy

6%

$232

Maintenance

5%

$193

Other

0%

$0

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