Completely Updated Property in Dania Beach ID711 Dania Beach, FL

Property Detail

Type Location Sub Location Price $539,000 Area (sqft)2,254Bedrooms3Bathrooms2Lot Area8,437Year Built1970FlooringTerrazzo Floors, Wood FloorsGarage Size1 CarRooflingShingle RoofParkingDrivewayStyleR31-Pool OnlyPotential Equity53.86%

Property Description

Description: Completely updated, this property is strategically located: Less than a mile away from the beach, walking distance to shopping plaza (Publix),5 Minutes away from the Airport. All major Highways. Plenty of places to enjoy being in south Florida and a Beautiful Dania Beach area. Property is fully furnished and can be sold as a “Ready to go Model for Airbnb Short Terms Rental” Fully equipped with everything you need: Furnished Indoor and outdoor. All Dishes, TVs, Lines and many more are all included in the price. Invest now and start earning right away! No Restrictions.

Miscellaneous: Split Bedroom, Walk-In Closets, Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Electric Water Heater, Fire Alarm, Microwave, Electric Range, Refrigerator, Washer, Blinds/Shades, Fence, Open Porch, Street Lights, Central Heat, Electric Heat, Ceiling Fans, Central Cooling, Electric Cooling, Auto Sprinkler.

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Short term rental numbers

Est. Monthly Rental Income$5,481Zestimate
Est. Rental Income (over 5 yrs)$228,740Zestimate
minus Seller’s Asking Price$539,000Zestimate
minus Est. Cost of Repairs$200,000Zestimate
minus Est. Cost of Furnishings$25,000Zestimate
equals 5 year Equity/Profits of$850,540Zestimate

Fix & Flip Numbers

Est. After Repair Value (ARV)$1,168,255Zestimate
minus Seller’s Asking Price$539,000Zestimate
minus Est. Cost of Repairs$200,000Zestimate
equals Profit Potential of$429,255Zestimate
Potential Equity53.86%Zestimate

Revenue Projections (all cash)

Revenue (monthly):
Avg Gross Revenue $5,481
Operating Expenses (monthly):
Property Taxes $599
Property Insurance $400
Utilities (water & electric) $400
Internet $60
Sling TV $30
Pool Service $180
Total Expenses $1,669

Monthly Net Operating Income
$3,812

Revenue Projections (with financing)

Revenue (monthly):
Avg Gross Revenue $5,481
Operating Expenses (monthly):
Mortgage Payment $2,424
Property Taxes $599
Property Insurance $400
Utilities $400
Internet $60
Sling TV $30
Pool Service $180
Total Expenses $4,092

Monthly Net Operating Income
$1,389

ROI & Financial Projections (all cash)

Investment Costs:
Property Purchase $539,000
Furnishings $25,000
Closing Costs (Ins/Taxes/etc) $16,170
Total Investment $580,170

Cash Flow Return on Investment:
Avg Cash ROI 7.89%

Total Return on Investment:
Avg Cash ROI 7.89%
Avg Appreciation ROI 12.81%

Total Avg ROI
20.70%

ROI & Financial Projections (with financing)

Investment Costs:
Down Payment on Purchase $134,750
Furnishings $25,000
Closing Costs (Ins/Taxes/etc) $32,340
Total Cash Investment $192,090

Cash Flow Return on Investment:
Avg Cash ROI 8.68%

Total Return on Investment:
Avg Cash ROI 8.68%
Avg Equity Appreciation 7.01%
Avg Appreciation ROI 12.81%

Total Avg ROI
28.50%
Need funding: Get Pre-Qualified
View Other Funding Options

This information is provided by the seller. All numbers, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs are estimates. Please do your own due diligence.

Additional Information (download attached PDF file)

Property Features

pool
remodeled
laundry
pre-selected short term rental deal

Property Video

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