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716 Middle River Drive, Fort Lauderdale, FL 33304
3 beds • 3 baths • 2512 sqft
$2,078,900
View on ZillowThis property looks like a bad Mid-Term investment with a projected -18.3% first-year return on $455k initial cash invested.
-18.3%
Cash On Cash
2.37%
Cap Rate
0.39
DSCR
$9,552
Rent
-$6,932
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,552 income − $16,484 expenses = $6,932 out of pocket
Investment Breakdown
|
Purchase Price
$2079k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$455k
Downpayment
20%
$416k
Closing costs
1%
$20,789
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,552
Total Expenses
$16,484
Mortgage P&I
112%
$10,658
Property Taxes
15%
$1,454
Home Insurance
10%
$999
HOA
1%
$125
Property Management
12%
$1,146
CapEx
4%
$382
Vacancy
3%
$287
Maintenance
4%
$382
Other
11%
$1,051