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$7,783 (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 Long-Term investment with a projected -30.03% first-year return on $712k initial cash invested.

-30.03%

Cash On Cash

-0.22%

Cap Rate

-0.04

DSCR

$7,783

Rent

-$17,822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,783 income − $25,605 expenses = $17,822 out of pocket

Income$7,783Out of Pocket$17,822Mortgage P&I$16,820216%Property Taxes$5,18767%Insurance$1,57520%Management$77810%CapEx$3895%Vacancy$4676%Maintenance$3895%

Investment Breakdown

|

Purchase Price

$3391k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$712k

Downpayment

20%

$678k

Closing costs

1%

$33,910

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,783

Total Expenses

$25,605

Mortgage P&I

216%

$16,820

Property Taxes

67%

$5,187

Home Insurance

20%

$1,575

HOA

0%

$0

Property Management

10%

$778

CapEx

5%

$389

Vacancy

6%

$467

Maintenance

5%

$389

Other

0%

$0

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