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$6,797 (target)

7950 Rowan Terrace, Parkland, FL 33067

3 beds • 3 baths • 2495 sqft

$1,127,400

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This property looks like a bad Long-Term investment with a projected -15.25% first-year return on $237k initial cash invested.

-15.25%

Cash On Cash

3.23%

Cap Rate

0.53

DSCR

$6,797

Rent

-$3,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,797 income − $9,805 expenses = $3,008 out of pocket

Income$6,797Out of Pocket$3,008Mortgage P&I$5,70784%Property Taxes$1,36920%Insurance$4116%HOA$5508%Management$68010%CapEx$3405%Vacancy$4086%Maintenance$3405%

Investment Breakdown

|

Purchase Price

$1127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$237k

Downpayment

20%

$225k

Closing costs

1%

$11,274

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,797

Total Expenses

$9,805

Mortgage P&I

84%

$5,707

Property Taxes

20%

$1,369

Home Insurance

6%

$411

HOA

8%

$550

Property Management

10%

$680

CapEx

5%

$340

Vacancy

6%

$408

Maintenance

5%

$340

Other

0%

$0

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