Investment Home: 305 NE 194th Ln, Miami, FL, 33179, Miami, FL - $30,060 Yearly Profit

305 NE 194th Ln, Miami, FL, 33179

$490,000

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Description

Stunning Townhouse with 3 big bedrroms & 2.5 bathrooms completely remodeled. Open layout concept, master bedroom is very spacious, with a walk-in closet. Upstairs you will find a loft that can be used as an office or relaxation space. This beautiful unit is centrally located, near Aventura mall and beaches. Gated community, surrounded by lush gardens and jogging trail. Perfect for your family gathering and friends!

Property Information
airbnb avg Daily
$418
Occupancy Rate
50%
Monthly HOA
$589
rental Policy
daily
Yearly Taxes
$5199
Bedrooms
3
Bathrooms
3
SQFT
1,671
Furnished
unknown
Year built
2014
MLS
A11506035

Short-Term Rental Information
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$73,620

Revenue
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$43,560

Expenses
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$30,060

Profit
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6.1%

Cap rate
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28.7%

Cash on Cash
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$293

Price/SQFT

Long-Term Rental Information
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$42,300

Revenue
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$43,560

Expenses
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$-1,260

Profit
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-0.3%

Cap rate
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-1.1 %

Cash on Cash
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$3,525/mo

Rent