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$3,111 (target)

6444 SW 20th Ct #0, Miramar, FL 33023

4 beds • 2 baths • sqft • 2 units

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This property could be a profitable Long-Term investment with a projected 10.73% first-year return on $108k initial cash invested.

10.73%

Cash On Cash

9.08%

Cap Rate

1.49

DSCR

$6,222

Rent

$965

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,222 income − $5,257 expenses = $965 cash flow

Income$6,222Mortgage P&I$2,61242%Property Taxes$84814%Insurance$1803%Management$62210%CapEx$3115%Vacancy$3736%Maintenance$3115%Cash Flow$965

Investment Breakdown

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Purchase Price

$514k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,139

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,222

Total Expenses

$5,257

Mortgage P&I

42%

$2,612

Property Taxes

14%

$848

Home Insurance

3%

$180

HOA

0%

$0

Property Management

10%

$622

CapEx

5%

$311

Vacancy

6%

$373

Maintenance

5%

$311

Other

0%

$0

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