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630 NE 23rd Ct, Pompano Beach, FL 33064

3 beds • 2 baths • 1261 sqft

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This property looks like a bad Long-Term investment with a projected -7.62% first-year return on $125k initial cash invested.

-7.62%

Cash On Cash

4.57%

Cap Rate

0.79

DSCR

$4,117

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$597k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,974

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,117

Total Expenses

$4,914

Mortgage P&I

70%

$2,867

Property Taxes

18%

$759

Home Insurance

5%

$217

HOA

0%

$0

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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