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$4,624 (target)

6968 W 24th Ct, Hialeah, FL 33016

3 beds • 2 baths • 1414 sqft

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This property looks like a bad Mid-Term investment with a projected -5.79% first-year return on $130k initial cash invested.

-5.79%

Cash On Cash

5.63%

Cap Rate

0.85

DSCR

$4,624

Rent

-$629

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,624 income − $5,253 expenses = $629 out of pocket

Income$4,624Out of Pocket$629Mortgage P&I$2,95864%Property Taxes$53111%Insurance$1914%Management$55512%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50911%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,354

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,624

Total Expenses

$5,253

Mortgage P&I

64%

$2,958

Property Taxes

11%

$531

Home Insurance

4%

$191

HOA

0%

$0

Property Management

12%

$555

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$509

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