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$5,835 (target)

9003 NW 70th Court, Parkland, FL 33067

3 beds • 2 baths • 2544 sqft

$1,131,400

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This property looks like a bad Long-Term investment with a projected -10.77% first-year return on $238k initial cash invested.

-10.77%

Cash On Cash

4.03%

Cap Rate

0.67

DSCR

$5,835

Rent

-$2,132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,835 income − $7,967 expenses = $2,132 out of pocket

Income$5,835Out of Pocket$2,132Mortgage P&I$5,64097%Property Taxes$3897%Insurance$4207%Management$58410%CapEx$2925%Vacancy$3506%Maintenance$2925%

Investment Breakdown

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Purchase Price

$1131k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$238k

Downpayment

20%

$226k

Closing costs

1%

$11,314

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,835

Total Expenses

$7,967

Mortgage P&I

97%

$5,640

Property Taxes

7%

$389

Home Insurance

7%

$420

HOA

0%

$0

Property Management

10%

$584

CapEx

5%

$292

Vacancy

6%

$350

Maintenance

5%

$292

Other

0%

$0

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