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$5,818 (target)

7040 NW 8th Ct, Fort Lauderdale, FL 33317

3 beds • 2 baths • 1738 sqft

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This property looks like a bad Mid-Term investment with a projected -9.05% first-year return on $186k initial cash invested.

-9.05%

Cash On Cash

4.2%

Cap Rate

0.71

DSCR

$5,818

Rent

-$1,403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,818 income − $7,221 expenses = $1,403 out of pocket

Income$5,818Out of Pocket$1,403Mortgage P&I$3,96968%Property Taxes$99317%Insurance$2805%Management$69812%CapEx$2334%Vacancy$1753%Maintenance$2334%Other$64011%

Investment Breakdown

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Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,999

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,818

Total Expenses

$7,221

Mortgage P&I

68%

$3,969

Property Taxes

17%

$993

Home Insurance

5%

$280

HOA

0%

$0

Property Management

12%

$698

CapEx

4%

$233

Vacancy

3%

$175

Maintenance

4%

$233

Other

11%

$640

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