1341 NW 196th St

Miami Gardens, FL 33169
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3 bd, 2 ba | 1,936 sqft | Built in 1960

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List Price
$222,000

Initial Investment

$58,271

Purchase Price

$213,839

Down Payment

25%

Rent

$1,775

Total Return

$112,638

Annualized Return

22.7%

Cap Rate

4.2%

Gross Yield

10.0%

Cash Flow

-$3,426

Appreciation

10.2%
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Features

Occupancy

Occupied

Lease Start

02/24/2015

Lease End

02/28/2018

Lot Size

9,540

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$20,235

Expenses

-$7,164

Property Taxes

-$4,872

Loan Payments

-$11,625

Net Cash Flow

-$3,426

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