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$7,534 (target)

5570 NE 26th Avenue, Fort Lauderdale, FL 33308

3 beds • 3 baths • 2223 sqft

$1,545,600

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This property looks like a bad Long-Term investment with a projected -17.02% first-year return on $325k initial cash invested.

-17.02%

Cash On Cash

2.67%

Cap Rate

0.45

DSCR

$7,534

Rent

-$4,604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,534 income − $12,138 expenses = $4,604 out of pocket

Income$7,534Out of Pocket$4,604Mortgage P&I$7,666102%Property Taxes$1,93626%Insurance$5778%Management$75310%CapEx$3775%Vacancy$4526%Maintenance$3775%

Investment Breakdown

|

Purchase Price

$1546k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$325k

Downpayment

20%

$309k

Closing costs

1%

$15,456

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,534

Total Expenses

$12,138

Mortgage P&I

102%

$7,666

Property Taxes

26%

$1,936

Home Insurance

8%

$577

HOA

0%

$0

Property Management

10%

$753

CapEx

5%

$377

Vacancy

6%

$452

Maintenance

5%

$377

Other

0%

$0

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