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$6,824 (target)

4410 NE 24th Avenue, Pompano Beach, FL 33064

3 beds • 2 baths • 1838 sqft

$1,200,800

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This property looks like a bad Mid-Term investment with a projected -14.33% first-year return on $270k initial cash invested.

-14.33%

Cash On Cash

3%

Cap Rate

0.5

DSCR

$6,824

Rent

-$3,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,824 income − $10,050 expenses = $3,226 out of pocket

Income$6,824Out of Pocket$3,226Mortgage P&I$5,95687%Property Taxes$1,32519%Insurance$4487%Management$81912%CapEx$2734%Vacancy$2053%Maintenance$2734%Other$75111%

Investment Breakdown

|

Purchase Price

$1201k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,008

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,824

Total Expenses

$10,050

Mortgage P&I

87%

$5,956

Property Taxes

19%

$1,325

Home Insurance

7%

$448

HOA

0%

$0

Property Management

12%

$819

CapEx

4%

$273

Vacancy

3%

$205

Maintenance

4%

$273

Other

11%

$751

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