Zip Code 33304Fort Lauderdale, FL

🔴WEAKappreciation play only

Cap Rate

3.1%

Monthly Cash Flow

-$1,664

Median Home Price

$603,381

DSCR

0.48

🏠 Fair Market Rents

Studio
$1,580/mo
1 Bedroom
$1,700/mo
2 Bedroom
$2,110/mo
3 Bedroom
$2,930/mo
4 Bedroom
$3,580/mo

📊 Investment Metrics

Cap Rate
3.1%
Cash-on-Cash Return
-14.4%
Price-to-Rent Ratio
17.2
1% Rule
0.49%
Gross Rent Multiplier
17.2
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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