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$6,566 (target)

702 S RIVERSIDE Drive, Pompano Beach, FL 33062

3 beds • 3 baths • 2083 sqft

$1,150,400

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This property looks like a bad Mid-Term investment with a projected -12% first-year return on $260k initial cash invested.

-12%

Cash On Cash

3.86%

Cap Rate

0.61

DSCR

$6,566

Rent

-$2,596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,566 income − $9,162 expenses = $2,596 out of pocket

Income$6,566Out of Pocket$2,596Mortgage P&I$6,03092%Property Taxes$3766%Insurance$5238%Management$78812%CapEx$2634%Vacancy$1973%Maintenance$2634%Other$72211%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,504

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,566

Total Expenses

$9,162

Mortgage P&I

92%

$6,030

Property Taxes

6%

$376

Home Insurance

8%

$523

HOA

0%

$0

Property Management

12%

$788

CapEx

4%

$263

Vacancy

3%

$197

Maintenance

4%

$263

Other

11%

$722

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