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$5,506 (target)

6830 NW 8th Court, Margate, FL 33063

3 beds • 2 baths • 1414 sqft

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This property might be a fair Mid-Term investment with a projected 7.53% first-year return on $121k initial cash invested.

7.53%

Cash On Cash

8.32%

Cap Rate

1.4

DSCR

$5,506

Rent

$759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,506 income − $4,747 expenses = $759 cash flow

Income$5,506Mortgage P&I$2,42044%Property Taxes$2805%Insurance$1753%Management$66112%CapEx$2204%Vacancy$1653%Maintenance$2204%Other$60611%Cash Flow$759

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,060

Closing costs

1%

$4,903

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,506

Total Expenses

$4,747

Mortgage P&I

44%

$2,420

Property Taxes

5%

$280

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$661

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$606

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