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8810 W McNab Rd APT 306, Tamarac, FL 33321

2 beds • 2 baths • 920 sqft

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This property looks like a bad Long-Term investment with a projected -1.09% first-year return on $21,000 initial cash invested.

-1.09%

Cash On Cash

7.12%

Cap Rate

1.14

DSCR

$1,790

Rent

-$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,790 income − $1,809 expenses = $19 out of pocket

Income$1,790Out of Pocket$19Mortgage P&I$52229%Property Taxes$28616%Insurance$352%HOA$50028%Management$17910%CapEx$905%Vacancy$1076%Maintenance$905%

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,790

Total Expenses

$1,809

Mortgage P&I

29%

$522

Property Taxes

16%

$286

Home Insurance

2%

$35

HOA

28%

$500

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$107

Maintenance

5%

$90

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

8826 W Mcnab Rd, Apt 202, Tamarac, FL 33321

$1,850

2

2

920

0 mi

7410 Woodmont Ter, Apt 204, Tamarac, FL 33321

$1,750

2

2

926

0.4 mi

7435 Woodmont Ter, Apt 202, Tamarac, FL 33321

$1,850

2

2

926

0.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

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

Projection Charts

Investment Value YoY

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