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$11,674 (target)

600 SE 28th Ave, Pompano Beach, FL 33062

3 beds • 4 baths • 3315 sqft

$3,391,000

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This property looks like a bad Mid-Term investment with a projected -26.1% first-year return on $730k initial cash invested.

-26.1%

Cash On Cash

0.5%

Cap Rate

0.08

DSCR

$11,674

Rent

-$15,877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,674 income − $27,551 expenses = $15,877 out of pocket

Income$11,674Out of Pocket$15,877Mortgage P&I$16,820144%Property Taxes$5,18744%Insurance$1,57513%Management$1,40112%CapEx$4674%Vacancy$3503%Maintenance$4674%Other$1,28411%

Investment Breakdown

|

Purchase Price

$3391k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$730k

Downpayment

20%

$678k

Closing costs

1%

$33,910

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,674

Total Expenses

$27,551

Mortgage P&I

144%

$16,820

Property Taxes

44%

$5,187

Home Insurance

13%

$1,575

HOA

0%

$0

Property Management

12%

$1,401

CapEx

4%

$467

Vacancy

3%

$350

Maintenance

4%

$467

Other

11%

$1,284

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