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$5,682 (target)

3405 Garnet Rd, Miramar, FL 33025

3 beds • 2 baths • 1619 sqft

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This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $139k initial cash invested.

1.4%

Cash On Cash

7.33%

Cap Rate

1.12

DSCR

$5,682

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,682 income − $5,520 expenses = $162 cash flow

Income$5,682Mortgage P&I$3,13655%Property Taxes$2474%Insurance$2064%Management$68212%CapEx$2274%Vacancy$1703%Maintenance$2274%Other$62511%Cash Flow$162

Investment Breakdown

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Purchase Price

$577k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,773

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,682

Total Expenses

$5,520

Mortgage P&I

55%

$3,136

Property Taxes

4%

$247

Home Insurance

4%

$206

HOA

0%

$0

Property Management

12%

$682

CapEx

4%

$227

Vacancy

3%

$170

Maintenance

4%

$227

Other

11%

$625

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