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$5,540 (target)

6912 NW 5TH Place, Margate, FL 33063

3 beds • 2 baths • 1596 sqft

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This property might be a fair Mid-Term investment with a projected 2.21% first-year return on $131k initial cash invested.

2.21%

Cash On Cash

7.25%

Cap Rate

1.17

DSCR

$5,540

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,540 income − $5,299 expenses = $241 cash flow

Income$5,540Mortgage P&I$2,79250%Property Taxes$4318%Insurance$1923%Management$66512%CapEx$2224%Vacancy$1663%Maintenance$2224%Other$60911%Cash Flow$241

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,386

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,540

Total Expenses

$5,299

Mortgage P&I

50%

$2,792

Property Taxes

8%

$431

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$665

CapEx

4%

$222

Vacancy

3%

$166

Maintenance

4%

$222

Other

11%

$609

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