luxury

$495,000

2014 Funston Street, Hollywood, FL 33020

Hollywood, FL, 33020

— bd · — ba · 1,440 sqft

Listed by Universal USA Realty LLC

Estimated monthly payment

$3,744/mo

Income & expenses

2 units
Building totalsMonthlyAnnual
Gross rental income$4,400$52,800
Operating expenses (est.)$1,141$13,695
Net operating income (est.)$3,259$39,105

Expenses include estimated taxes, insurance, HOA and the 10% vacancy, repairs and management allowance. Loan payments are separate.

Yearly rent

$52,800

Property taxes after sale

$5,940

Florida average estimate

Insurance estimate

$2,475

South Florida average insurance estimate

$495,000
$396,000 (20% below)Asking $495,000

Cap rate — optimistic

8.97%

NOI $44,385/yr

Rent minus taxes, insurance and HOA.

Cap rate — conservative

7.90%

NOI $39,105/yr

Also minus 10% for vacancy, repairs and management.

Cash flow with a loan

20% · $99,000
0%50%100%
Loan payment $30,821/yr
Cash flow $8,284/yr
Cap rate 7.90%
Cash-on-cash 8.37%
Cash flow ÷ price 1.67%

Conservative net operating income minus a 30-year loan payment at the price tested above.

Rent figures come from the listing. Taxes are estimated at the tested price, since Florida taxes reset on sale. Planning estimate only, not a quote. Actual premiums depend on roof age, wind mitigation, flood zone, claims history and the carrier. Verify all income and expenses with the seller's rent roll before writing an offer. Estimate only, not guaranteed. Verify before you buy or sell.

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $3,744/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

Find similar homes

GREAT INVESTMENT OPPORTUNITY! 2 FPL METER , ONE IS PAID BY TENANT, ONE IS PAID BY LANDLORD 1 WATER METER Duplex 1/1 2/2 parking for 8 cars in the backyard (access through the alley) Annual income 52800 APROXProp tax 6014 (2024) Water 3600 ANNUAL APROX Fpl 4352 ANNUAL APROX Gas 510 ANNUAL APROX PAID BY LANDLORD ** ABOUT 7.7% CAP RATE

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • 520 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $3,744/mo

2014 Funston Street, Hollywood, FL 33020 · Hollywood

Location

2014 Funston Street, Hollywood, FL 33020

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995