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$5,026 (target)

7917 Shalimar St, Miramar, FL 33023

3 beds • 2 baths • 1476 sqft

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This property looks like a bad Mid-Term investment with a projected -5.09% first-year return on $141k initial cash invested.

-5.09%

Cash On Cash

5.53%

Cap Rate

0.87

DSCR

$5,026

Rent

-$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,026 income − $5,623 expenses = $597 out of pocket

Income$5,026Out of Pocket$597Mortgage P&I$3,09061%Property Taxes$82216%Insurance$2Management$60312%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55311%

Investment Breakdown

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Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,848

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,026

Total Expenses

$5,623

Mortgage P&I

61%

$3,090

Property Taxes

16%

$822

Home Insurance

0%

$2

HOA

0%

$0

Property Management

12%

$603

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$553

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