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$5,921 (target)

370 SE 12th Ave, Pompano Beach, FL 33060

3 beds • 2 baths • 1878 sqft

$1,001,800

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This property looks like a bad Long-Term investment with a projected -11.1% first-year return on $210k initial cash invested.

-11.1%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$5,921

Rent

-$1,946

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,921 income − $7,867 expenses = $1,946 out of pocket

Income$5,921Out of Pocket$1,946Mortgage P&I$4,94784%Property Taxes$1,01717%Insurance$3646%Management$59210%CapEx$2965%Vacancy$3556%Maintenance$2965%

Investment Breakdown

|

Purchase Price

$1002k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$210k

Downpayment

20%

$200k

Closing costs

1%

$10,018

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,921

Total Expenses

$7,867

Mortgage P&I

84%

$4,947

Property Taxes

17%

$1,017

Home Insurance

6%

$364

HOA

0%

$0

Property Management

10%

$592

CapEx

5%

$296

Vacancy

6%

$355

Maintenance

5%

$296

Other

0%

$0

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