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$4,478 (target)

511 SE 9th Avenue, Pompano Beach, FL 33060

3 beds • 2 baths • 1770 sqft

$1,490,500

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This property looks like a bad Long-Term investment with a projected -22.67% first-year return on $313k initial cash invested.

-22.67%

Cash On Cash

1.44%

Cap Rate

0.24

DSCR

$4,478

Rent

-$5,912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,478 income − $10,390 expenses = $5,912 out of pocket

Income$4,478Out of Pocket$5,912Mortgage P&I$7,472167%Property Taxes$1,19727%Insurance$55612%Management$44810%CapEx$2245%Vacancy$2696%Maintenance$2245%

Investment Breakdown

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Purchase Price

$1491k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$313k

Downpayment

20%

$298k

Closing costs

1%

$14,905

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,478

Total Expenses

$10,390

Mortgage P&I

167%

$7,472

Property Taxes

27%

$1,197

Home Insurance

12%

$556

HOA

0%

$0

Property Management

10%

$448

CapEx

5%

$224

Vacancy

6%

$269

Maintenance

5%

$224

Other

0%

$0

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