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$11,241 (target)

745 S Shore Dr, Miami Beach, FL 33141

3 beds • 3 baths • 1971 sqft

$1,976,300

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This property looks like a bad Mid-Term investment with a projected -13.88% first-year return on $433k initial cash invested.

-13.88%

Cash On Cash

3.31%

Cap Rate

0.54

DSCR

$11,241

Rent

-$5,007

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,241 income − $16,248 expenses = $5,007 out of pocket

Income$11,241Out of Pocket$5,007Mortgage P&I$10,00789%Property Taxes$1,82316%Insurance$5955%Management$1,34912%CapEx$4504%Vacancy$3373%Maintenance$4504%Other$1,23711%

Investment Breakdown

|

Purchase Price

$1976k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$433k

Downpayment

20%

$395k

Closing costs

1%

$19,763

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,241

Total Expenses

$16,248

Mortgage P&I

89%

$10,007

Property Taxes

16%

$1,823

Home Insurance

5%

$595

HOA

0%

$0

Property Management

12%

$1,349

CapEx

4%

$450

Vacancy

3%

$337

Maintenance

4%

$450

Other

11%

$1,237

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