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$4,044 (target)

3932 NW 62nd Court, Coconut Creek, FL 33073

3 beds • 2 baths • 1507 sqft

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This property looks like a bad Long-Term investment with a projected -10.69% first-year return on $126k initial cash invested.

-10.69%

Cash On Cash

4.28%

Cap Rate

0.7

DSCR

$4,044

Rent

-$1,121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,044 income − $5,165 expenses = $1,121 out of pocket

Income$4,044Out of Pocket$1,121Mortgage P&I$3,05876%Property Taxes$66616%Insurance$2105%HOA$1804%Management$40410%CapEx$2025%Vacancy$2436%Maintenance$2025%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,992

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,044

Total Expenses

$5,165

Mortgage P&I

76%

$3,058

Property Taxes

16%

$666

Home Insurance

5%

$210

HOA

4%

$180

Property Management

10%

$404

CapEx

5%

$202

Vacancy

6%

$243

Maintenance

5%

$202

Other

0%

$0

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