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850 SW 87th Lane, Plantation, FL 33324

4 beds • 3 baths • 2956 sqft

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This property looks like a bad Long-Term investment with a projected -21.79% first-year return on $179k initial cash invested.

-21.79%

Cash On Cash

1.78%

Cap Rate

0.29

DSCR

$3,100

Rent

-$3,247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$851k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$170k

Closing costs

1%

$8,514

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,100

Total Expenses

$6,347

Mortgage P&I

141%

$4,356

Property Taxes

19%

$579

Home Insurance

13%

$396

HOA

7%

$210

Property Management

10%

$310

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

9031 N New River Canal Rd, Plantation, FL 33324

$4,950

4

3

2374

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800 Sw 87th Ter, Plantation, FL 33324

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4

2.5

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0 mi

8520 Sw 18th Ct, Davie, FL 33324

$1,995

4

2

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0.9 mi

1221 Sw 87th Ter, Unit 0, Plantation, FL 33324

$3,100

3

2

1740

0.3 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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