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$9,561 (target)

7806 Rowan Terrace, Parkland, FL 33067

3 beds • 4 baths • 2613 sqft

$1,142,900

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This property looks like a bad Mid-Term investment with a projected -10.46% first-year return on $258k initial cash invested.

-10.46%

Cash On Cash

4.14%

Cap Rate

0.68

DSCR

$9,561

Rent

-$2,250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,561 income − $11,811 expenses = $2,250 out of pocket

Income$9,561Out of Pocket$2,250Mortgage P&I$5,81061%Property Taxes$1,65417%Insurance$4204%HOA$6777%Management$1,14712%CapEx$3824%Vacancy$2873%Maintenance$3824%Other$1,05211%

Investment Breakdown

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Purchase Price

$1143k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$258k

Downpayment

20%

$229k

Closing costs

1%

$11,429

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,561

Total Expenses

$11,811

Mortgage P&I

61%

$5,810

Property Taxes

17%

$1,654

Home Insurance

4%

$420

HOA

7%

$677

Property Management

12%

$1,147

CapEx

4%

$382

Vacancy

3%

$287

Maintenance

4%

$382

Other

11%

$1,052

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