Page 7 - 2621 NE 11th Ter Pompano Beach
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Property Characteristics

          FACTS & FEATURES                     INTERIOR FEATURES
          Property Type    Single Family Residential  Number of Bedrooms     3
          Days on Market               50      Number of Bathrooms           2
          Year Built                  1960
          Parking                       1      HEATING AND COOLING
          Owner Occupied               NO      Heating         Central Furnace (Electric)
          MLS ID                  F10287797    Cooling                 Central A/C






                                                                                  Listing provided courtesy of
                                                                                  Charles Rutenberg Realty Fort Lauderdale/ Macilia
                                                                                  Louissaint
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        Rental Strategy

        Rental Strategy                                                           Mortgage calculator
                 A
          TRADITIONALRBNB
                  I
                                                                                            Cash    Mortgage
                       COMPARABLE RENTAL INCOME         $  1,974       $  3,545     Property Value/Price
                        MONTHLY EXPENSES                 $1,031        $1,890

                       CASH FLOW                         $943          $1,655       Property Price  Valuation  Custom Price
                                                                                      $389,000  $373,414  $  389,000
                       CASH ON CASH RETURN               2.91%          5.11%

                       CAP RATE                          2.91%          5.11%       Down Payment           Loan Amount

                                                                                    $97,250     $    %       $291,750
                       OCCUPANCY RATE     %     Days      93             50

                                                                                     Mortgage Type
                                                                                      Fixed Rate Mortgage
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        Expenses                                                                     Loan Term
                                                                                      30 Years Fixed
          ONE TIME STARTUP COSTS               MONTHLY EXPENSES  TRADITIONAL  AIRBNB
                                                                                     Interest Rate
         INSPECTIONS             $  500     INSURANCE   $  91       $  91             2.74

         TOTAL REPAIR COSTS      $  3500    UTILITIES   $  0        $  170
                                                                                     Was this information helpful?  Yes  No
                                            PROP.
         FURNITURE & APPLIANCES  $  1000    MANAGEMENT  $  197      $  886
                                            PROP.
         CLOSING COSTS           $  3000    MAINTENANCE  $  324     $  324

                  ADD CUSTOM EXPENSE        PROP. TAX   $  419      $  419

                                            HOA DUES    $  0        $  0
         TOTAL                   $ 8000
                                            RENTAL
                                            INCOME TAXES  $  0      $  0
                                            CLEANING.
                                            FEES        $  0        $  0
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