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5055 NW 89th Way, Coral Springs, FL 33067

4 beds • 4 baths • 2484 sqft

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This property looks like a bad Long-Term investment with a projected -2.58% first-year return on $145k initial cash invested.

-2.58%

Cash On Cash

5.59%

Cap Rate

0.98

DSCR

$5,040

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$690k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$138k

Closing costs

1%

$6,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,040

Total Expenses

$5,352

Mortgage P&I

65%

$3,277

Property Taxes

9%

$470

Home Insurance

5%

$242

HOA

1%

$53

Property Management

10%

$504

CapEx

5%

$252

Vacancy

6%

$302

Maintenance

5%

$252

Other

0%

$0

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Comparable Property

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