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D Composite 41.34
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +8.9/30.0
  • 1% rule +8.8/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Condition / age +3.8/5.0
  • DSCR +2.5/10.0
  • Rent growth +2.0/5.0
  • Appreciation +0.0/10.0

$159,900

None · Tamarac, FL 33321
2 bd · 2.0 ba · 1,163 sqft · Condo · 99 Days on market
Built 1985 Good condition $771/mo HOA · 35% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

FIRST FLOOR CORNER 2/2 + DEN * * GOLDEN YEARS are to be enjoyed. BELFORT in Kings Point 55+ offers all of that and more, huge Clubhouse with tons of amenities. Theater, shows, Courtesy Bus. This unit has so much to offer, all tiled FLOORS, DEN can also be used as a 3rd Bedroom, 2 FULL upgraded bathrooms, a huge patio to enjoy reading, your morning coffee or tea, or just sit and enjoy a quiet time. Full WASHER AND DRYER in unit. Furniture'd if buyer wants it, minus some personal items. Complex has a satellite pool just steps from unit & This is a 24-HOUR SECURITY gated community. Grounds are beautifully kept. Easy access to the Sawgrass Mall, restaurants, movies, everything. MONTHLY

Key facts

  • Satellite pool
  • Gated community
  • Huge patio

Tags

HUGE PATIOFULL WASHER AND DRYERSATELLITE POOL24-HOUR SECURITYGATED COMMUNITYBEAUTIFULLY KEPT GROUNDS

Property features AI

Finance

  • HOA & community: Monthly HOA fee (amount listed separately); Community amenities: clubhouse, fitness center, indoor pool, pool, spa/hot tub, community room, courtesy bus; Parking and internet included in association amenities; Association covers grounds and structure maintenance, pest control, sewer, trash, common areas, reserve funds, roof repairs, recreation facility, and pool service; Senior community; 8 units in the community

Exterior

  • Parking: Assigned parking; Guest parking
  • Security: Key card entry; Smoke detectors
  • Utilities: Cable available
  • Home design: Condominium; Resale property; 2 stories total; First-floor entry; Builder model: Azalea; Building name: E3; Entry includes pantry and walk-in closets
  • Construction: CBS construction
  • Exterior features: Patio; Not waterfront

Interior

  • Kitchen: Electric range; Microwave; Dishwasher; Disposal; Refrigerator
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Ceramic tile
  • Bathrooms: 2 full bathrooms (main level)
  • Heating & cooling: Central electric heating; Central electric cooling; Humidity control; Paddle fans; Reverse cycle
  • Interior features: Walk-in closets; Stacked bedroom layout; Furnished
  • Laundry & utility: Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $160k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-129 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $141k (11.7% below list).
  • Meets the 1% rule at list price ($2k rent vs $160k).
  • Recommended offer: $141k (11.7% below list) — sets the bar for cash-flow.
  • Cap rate 5.3% vs local median 3.9% in Tamarac — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 76/100 on livability (#239 in FL, #3,785 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: employment C-, amenities F, commute F.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-1.9%/yr); 588 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 43% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 99 days — a 9% lower offer ($146k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 35% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $141,201 (11.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.38%
Cap rate
5.32%
Cash-on-cash
-3.46%
DSCR
0.85
GRM
6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-27.9%
Equity multiple
0.10×
Total profit
$-40,114
Equity at exit
$23,842
10-year hold
IRR
-66.0%
Equity multiple
-0.53×
Total profit
$-68,511
Equity at exit
$13,825

Cash invested: $44,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33321

Home prices YoY
-30.4%
Rents YoY
-1.9%
Active inventory
588
Price-to-rent
6.0×

Monthly cashflow live

Estimated rent
$2,211 high interval (Pro) →
Mortgage (P&I)
$839
Tax est. 1.5%
$200 /mo · $2,398/yr
Insurance
$67
HOA
$771
Vacancy / Maint / Mgmt
$464
Net cashflow
$-129

Break-even live

Break-even rent $2,375
Max offer price $141,201
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$39,975
Closing costs
$4,797
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7211 NW 76th St Tamarac, FL 3.0 1.5 1312 $2,900 $2.21 22d 1 0.19mi
7656 NW 73rd Ter Tamarac, FL 2.0 2.0 1192 $2,350 $1.97 24d 1 0.27mi
7105 NW 70th Ct Tamarac, FL 2.0 1.0 864 $2,000 $2.31 24d 1 0.28mi
6808 NW 70th St Tamarac, FL 2.0 1.0 984 $2,100 $2.13 24d 1 0.42mi
7650 W McNab Rd #204 Tamarac, FL 2.0 2.0 865 $1,695 $1.96 15d 1 0.43mi
7650 W McNab Rd #204 Tamarac, FL 2.0 2.0 865 $1,695 $1.96 10d 1 0.43mi
6751 N University Dr #320 Tamarac, FL 2.0 2.0 1040 $2,000 $1.92 24d 1 0.46mi
6805 NW 75th Dr Fort Lauderdale, FL 2.0 1.0 1204 $2,200 $1.83 24d 1 0.47mi
7107 NW 66th St Tamarac, FL 3.0 2.0 1485 $3,080 $2.07 8d 1 0.50mi
7613 NW 68th Ter Tamarac, FL 2.0 1.0 1224 $2,500 $2.04 8d 1 0.50mi
7790 NW 78th Ave Tamarac, FL 2.0 2.0 1014 $2,193 $2.16 24d 1 0.54mi
7950 W McNab Rd #214 Tamarac, FL 2.0 2.0 1040 $1,950 $1.88 4d 1 0.55mi
6527 NW 70th Ave Unit 082 Tamarac, FL 2.0 1.0 865 $2,050 $2.37 24d 1 0.56mi
7831 Colony Cir N #201 Tamarac, FL 2.0 2.0 949 $2,000 $2.11 14d 1 0.61mi
8033 NW 71st Ct #8033 Tamarac, FL 3.0 3.0 1417 $3,100 $2.19 24d 1 0.61mi
8050 W McNab Rd #206 Tamarac, FL 2.0 2.0 1040 $1,890 $1.82 14d 1 0.64mi
8050 W McNab Rd #206 Tamarac, FL 2.0 2.0 1040 $1,890 $1.82 8d 1 0.64mi
8002 Lagos de Campo Blvd Unit 101B Tamarac, FL 2.0 2.0 1078 $2,200 $2.04 24d 1 0.64mi
8000 Lagos De Campo Blvd Unit A-303 Tamarac, FL 1.0 1.5 746 $1,775 $2.38 24d 1 0.67mi
8000 Lagos De Campo Blvd Unit A-307 Tamarac, FL 2.0 2.0 1078 $2,250 $2.09 21d 1 0.67mi
7820 Colony Cir S #109 Tamarac, FL 2.0 2.0 949 $1,725 $1.82 21d 1 0.71mi
1600 Coral Ave Unit 1600 North Lauderdale, FL 3.0 2.5 1460 $3,500 $2.40 24d 1 0.72mi
6361 Landings Ter #6361 Tamarac, FL 3.0 2.5 1417 $2,650 $1.87 24d 1 0.73mi
7900 Colony Cir S #303 Tamarac, FL 1.0 1.5 750 $1,680 $2.24 24d 1 0.75mi
7960 Colony Cir N #206 Tamarac, FL 2.0 2.0 949 $1,800 $1.90 24d 1 0.76mi
8040 Colony Cir N #207 Tamarac, FL 1.0 1.5 750 $1,475 $1.97 24d 1 0.76mi
8060 Colony Cir N #208 Tamarac, FL 1.0 1.5 750 $1,700 $2.27 15d 1 0.76mi
8051 Colony Cir S #205 Tamarac, FL 2.0 2.0 949 $1,650 $1.74 14d 1 0.76mi
7910 Colony Cir N #308 Tamarac, FL 1.0 1.5 750 $1,600 $2.13 24d 1 0.76mi
8060 Colony Cir N Tamarac, FL 1.0 1.5 750 $1,600 $2.13 17d 2 0.76mi
8171 N University Dr Tamarac, FL 1.0–2.0 1.0–2.5 1117 $2,748 $2.46 2d 9 0.80mi
8000 Colony Cir S #305 Tamarac, FL 2.0 2.0 949 $1,800 $1.90 8d 1 0.80mi
8000 Colony Cir S #309 Tamarac, FL 2.0 2.0 949 $1,950 $2.05 24d 1 0.80mi
8000 S Colony Cir Apt S305 Tamarac, FL 2.0 2.0 949 $1,800 $1.90 5d 1 0.80mi
8000 Colony Cir S Tamarac, FL 2.0 2.0 949 $1,875 $1.98 20d 2 0.80mi
6301 N University Dr Tamarac, FL 2.0 2.0 865 $1,925 $2.23 24d 1 0.81mi
6301 Landings Ter Tamarac, FL 3.0 2.5 1417 $2,800 $1.98 17d 1 0.81mi
6301 Landings Ter Tamarac, FL 3.0 2.5 1417 $2,800 $1.98 24d 1 0.81mi
7309 NW 62nd St Tamarac, FL 2.0 2.0 1062 $2,950 $2.78 24d 1 0.83mi
8027 Lagos de Campo Blvd Unit A4 Tamarac, FL 3.0 2.5 1230 $3,000 $2.44 24d 1 0.84mi

HOA detail condo

Monthly dues
$771 · $9,252/yr
Likely covers
landscapingpoolsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 13 events

  1. 2026-06-18
    days on market $159,900 Active 99 DOM
  2. 2026-06-17
    days on market $159,900 Active 98 DOM
  3. 2026-06-16
    days on market $159,900 Active 97 DOM
  4. 2026-06-15
    days on market $159,900 Active 96 DOM
  5. 2026-06-13
    days on market $159,900 Active 94 DOM
  6. 2026-06-09
    days on market $159,900 Active 90 DOM
  7. 2026-06-07
    days on market $159,900 Active 88 DOM
  8. 2026-06-04
    days on market $159,900 Active 85 DOM
  9. 2026-06-03
    days on market $159,900 Active 84 DOM
  10. 2026-06-02
    days on market $159,900 Active 83 DOM
  11. 2026-06-01
    days on market $159,900 Active 82 DOM
  12. 2026-05-31
    days on market $159,900 Active 81 DOM
  13. 2023-07-24
    listed $159,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 27 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,534
− Mortgage interest
−$8,957
− Property taxes
−$2,398
− Insurance
−$800
− Repairs & maintenance
−$2,123
− Management
−$2,123
− HOA
−$9,252
− Depreciation
−$4,652
Taxable loss
−$3,770
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$905
After-tax cash flow
$-646/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab

This property is in good condition with minimal repairs needed. It offers a good balance of curb appeal and interior condition, making it a solid investment for both resale and rental purposes.

Value-add opportunities

  • Resale Paint exterior siding — Fresh paint can enhance the curb appeal and overall aesthetic of the property, making it more attractive to potential buyers.
  • Rental Landscaping maintenance — Well-maintained landscaping can attract tenants and add to the property's rental value.

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint exterior siding — Fresh paint can enhance the curb appeal and overall aesthetic of the property, making it more attractive to potential buyers.
  • Rental Landscaping maintenance — Well-maintained landscaping can attract tenants and add to the property's rental value.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Tamarac

Score
76/100
State rank
#239
US rank
#3785

Category grades

Amenities F Commute F Cost of living A- Crime B- Employment C- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tamarac, FL
County
Broward County · 1,963,430 people
City population
105,666
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
51,216
Household income
$62,066
Rent vs Own
22.2% rent · 77.8% own
Severe rent burden
1394.0

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.70)
Race & ethnicity
Hispanic / Latino 34% White 33% Black 27% Two or more races 20% Asian 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 5% Cuban 5% Dominican 3%
Common ancestry
Romanian 3% Hispanic 3% Scotch-Irish 2%
Foreign-born
38% · Canada, Jamaica, Dominican Republic
Languages at home
63% English-only · Spanish 29% French/Haitian/Cajun 4% Other Indo-European 1%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -158.63%
Current HPI
362.2989
Rent YoY
▼ -1.86%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2023-07-24 Listed $159,900 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…