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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 Long-Term investment with a projected -23.43% first-year return on $437k initial cash invested.
-23.43%
Cash On Cash
1.42%
Cap Rate
0.23
DSCR
$6,368
Rent
-$8,523
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,368 income − $14,891 expenses = $8,523 out of pocket
Investment Breakdown
|
Purchase Price
$2079k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$437k
Downpayment
20%
$416k
Closing costs
1%
$20,789
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,368
Total Expenses
$14,891
Mortgage P&I
167%
$10,658
Property Taxes
23%
$1,454
Home Insurance
16%
$999
HOA
2%
$125
Property Management
10%
$637
CapEx
5%
$318
Vacancy
6%
$382
Maintenance
5%
$318
Other
0%
$0