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$6,998 (target)

6581 Falconsgate Ave, Davie, FL 33331

3 beds • 2 baths • 1744 sqft

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This property looks like a bad Mid-Term investment with a projected -0.63% first-year return on $168k initial cash invested.

-0.63%

Cash On Cash

6.59%

Cap Rate

1.05

DSCR

$6,998

Rent

-$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,998 income − $7,086 expenses = $88 out of pocket

Income$6,998Out of Pocket$88Mortgage P&I$3,72853%Property Taxes$68310%Insurance$2624%HOA$33Management$84012%CapEx$2804%Vacancy$2103%Maintenance$2804%Other$77011%

Investment Breakdown

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Purchase Price

$713k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,134

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,998

Total Expenses

$7,086

Mortgage P&I

53%

$3,728

Property Taxes

10%

$683

Home Insurance

4%

$262

HOA

0%

$33

Property Management

12%

$840

CapEx

4%

$280

Vacancy

3%

$210

Maintenance

4%

$280

Other

11%

$770

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