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$4,666 (target)

8001 NW 3rd Place, Margate, FL 33063

3 beds • 2 baths • 1503 sqft

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This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $119k initial cash invested.

3.89%

Cash On Cash

7.34%

Cap Rate

1.24

DSCR

$4,666

Rent

$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,666 income − $4,279 expenses = $387 cash flow

Income$4,666Mortgage P&I$2,37951%Property Taxes$1413%Insurance$1724%Management$56012%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51311%Cash Flow$387

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,600

Closing costs

1%

$4,830

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,666

Total Expenses

$4,279

Mortgage P&I

51%

$2,379

Property Taxes

3%

$141

Home Insurance

4%

$172

HOA

0%

$0

Property Management

12%

$560

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$513

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