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C+ Composite 62.04
Why this score? — see what drove the C+ 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 +19.1/30.0
  • ARV discount +15.0/15.0
  • 1% rule +8.0/10.0
  • DSCR +6.0/10.0
  • Condition / age +4.0/5.0
  • Schools +3.8/10.0
  • Livability +3.8/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$199,000

None · North Lauderdale, FL 33068
3 bd · 2.0 ba · 1,150 sqft · Townhouse · 110 Days on market
Built 1971 Good condition $173/sqft · 20% below area Est $250k · 20% under $450/mo HOA · 17% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Well-maintained 3BR/2BA condo offering great value and generous living space. Ideal for first-time buyers or investors! Features include an updated kitchen, in-unit laundry and ample storage. Primary suite with en-suite bath and walk-in closet. Assigned parking, Convenient access to public transit, freeways, and local shopping. Tenant occupied, MUST HAVE 24- HOUR NOTICE-message listing agent day and time you want to show and allow time for response. Buyer to verify all HOA information and square footage. Seller is motivated - bring all reasonable offers!

Key facts

  • In-unit laundry
  • Updated kitchen
  • Assigned parking

Tags

UPDATED KITCHENIN-UNIT LAUNDRYAMPLE STORAGEASSIGNED PARKINGLOCAL SHOPPING

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath townhouse listed at $199k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $213 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $199k).
  • Recommended offer: $181k (9.0% below list) — sets the bar for market timing.
  • Cap rate 7.6% vs local median 4.2% in North Lauderdale — 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 (#230 in FL, #3,635 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: commute C-, employment D, amenities 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.
  • Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents soft (-0.7%/yr); 456 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 77d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $2,580/mo this rent would consume 48% of the median local household income ($64k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 110 days — a 9% lower offer ($181k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $181,090 (9.0% below list)

Questions for the listing agent

  1. It's been on market 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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.
  7. 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.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.30%
Cap rate
7.58%
Cash-on-cash
4.58%
DSCR
1.20
GRM
6.4

CMA / ARV

ARV (median comp)
$249,683
List price
$199,000
Delta
-20.30%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2074 Champions Way 0.92mi 3/2.0 1,167 (+2%) 2mo $308,000 $264 61
2038 Champions Way 0.91mi 2/2.0 (-1) 1,168 (+2%) 1mo $310,000 $265 57
6195 Rock Island Rd #402 1.01mi 2/2.0 (-1) 1,060 (-8%) 2mo $139,900 $132 45
2014 Winners Cir 0.91mi 2/2.0 (-1) 1,252 (+9%) 2mo $260,000 $208 44
7157 Sportsmans Dr 0.67mi 3/2.0 1,336 (+16%) 2mo $218,000 $163 42
6190 Woodlands Blvd #513 1.02mi 2/2.0 (-1) 1,030 (-10%) 1mo $175,000 $170 42
6085 N Sabal Palm Blvd #208 1.05mi 2/2.0 (-1) 1,000 (-13%) 1mo $80,000 $80 38
6095 N Sabal Palm Blvd #104 1.03mi 2/2.0 (-1) 1,000 (-13%) 2mo $114,000 $114 37
7360 NW 1st St #206 1.11mi 2/2.0 (-1) 990 (-14%) 0mo $84,000 $85 36
6195 Rock Island Rd #503 1.01mi 2/2.0 (-1) 995 (-14%) 2mo $197,000 $198 36
7310 NW 1st St #102 1.07mi 2/2.0 (-1) 990 (-14%) 1mo $102,000 $103 36
609 S State Road 7 Unit 2D 1.06mi 2/2.0 (-1) 960 (-16%) 1mo $89,000 $93 34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
-13.4%
Equity multiple
0.53×
Total profit
$-25,939
Equity at exit
$29,672
10-year hold
IRR
-12.1%
Equity multiple
0.41×
Total profit
$-33,073
Equity at exit
$17,206

Cash invested: $55,720 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
56 active · 26 under contract
Months of supply
28.0 mo (4%/mo absorbed)
Median asking
$270,000 ($229/sqft)
Median days on market
116 d
This list price
18% of active listings are priced below it
ARV vs active asking
-5.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33068

Rents YoY
-0.7%
Active inventory
456
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$2,580 high interval (Pro) →
Mortgage (P&I)
$1,044
Tax est. 1.5%
$249 /mo · $2,985/yr
Insurance
$83
HOA
$450
Vacancy / Maint / Mgmt
$542
Net cashflow
$213

Break-even live

Break-even rent $2,310
Max offer price $199,000
Occupancy floor 87%

Sensitivity live

Price -10% $350 -5% $282 +0% $213 +5% $144 +10% $75
Rent -10% $9 -5% $111 +0% $213 +5% $315 +10% $417
Rate -1.0pp $313 -0.5pp $263 base $213 +0.5pp $161 +1.0pp $109

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
$49,750
Closing costs
$5,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
#6055 Pompano Beach, FL 2.0 2.5 1120 $2,100 $1.88 6d 1 0.03mi
7221 SW 11th Ct North Lauderdale, FL 4.0 2.0 1335 $3,800 $2.85 0d 1 0.07mi
7321 Tam Oshanter Blvd North Lauderdale, FL 2.0 1.5 750 $2,000 $2.67 82d 1 0.07mi
7410 SW 10th Ct Unit 201 North Lauderdale, FL 2.0 2.0 1150 $1,995 $1.73 84d 1 0.13mi
1213 SW 74th Ave North Lauderdale, FL 4.0 2.0 1150 $4,100 $3.57 120d 1 0.16mi
1240 SW 73rd Ave North Lauderdale, FL 4.0 2.0 1431 $3,325 $2.32 31d 1 0.17mi
7431 Tam Oshanter Blvd Unit 7431 North Lauderdale, FL 2.0 1.5 816 $2,350 $2.88 101d 1 0.17mi
7431 Tam Oshanter Blvd Unit 7431 North Lauderdale, FL 2.0 1.5 816 $2,100 $2.57 112d 1 0.17mi
1001 SW 74th Ave Unit 201a North Lauderdale, FL 3.0 2.0 1150 $2,650 $2.30 101d 1 0.18mi
1001 SW 74th Ave Unit 101A North Lauderdale, FL 3.0 2.0 1150 $2,150 $1.87 10d 1 0.18mi
1001 SW 74th Ave Unit 101A North Lauderdale, FL 3.0 2.0 1150 $2,150 $1.87 71d 1 0.18mi
7427 SW 11th Ct North Lauderdale, FL 2.0 2.0 1229 $2,450 $1.99 70d 1 0.21mi
7400 Kimberly Blvd Unit 202A North Lauderdale, FL 3.0 2.0 1150 $2,800 $2.43 103d 1 0.23mi
7400 Kimberly Blvd Unit 202A North Lauderdale, FL 3.0 2.0 1150 $2,150 $1.87 77d 1 0.23mi
7480 SW 10th Ct #1 North Lauderdale, FL 3.0 2.0 1200 $3,249 $2.71 120d 1 0.24mi
7480 SW 10th St Unit 202A North Lauderdale, FL 3.0 2.0 1150 $2,100 $1.83 6d 1 0.26mi
881 SW 74th Ter Unit 102C North Lauderdale, FL 3.0 2.0 1150 $2,200 $1.91 120d 1 0.33mi
861 SW 74th Ter Unit 102D North Lauderdale, FL 3.0 2.0 1150 $2,100 $1.83 120d 1 0.34mi
861 SW 74th Ter Unit 102D North Lauderdale, FL 3.0 2.0 1150 $2,100 $1.83 72d 1 0.34mi
861 SW 74th Ter Unit 102D North Lauderdale, FL 3.0 2.0 1150 $2,100 $1.83 94d 1 0.34mi
7336 SW 8th Ct #6 North Lauderdale, FL 2.0 2.0 1056 $2,000 $1.89 85d 1 0.36mi
1336 SW 75th Ave Unit 1336 North Lauderdale, FL 3.0 2.0 1150 $2,800 $2.43 10d 1 0.41mi
6533 Harbour Rd North Lauderdale, FL 4.0 2.0 1180 $3,850 $3.26 120d 1 0.42mi
6551 Boulevard of Champions #6551 North Lauderdale, FL 4.0 2.5 1472 $2,600 $1.77 120d 1 0.45mi
6551 Boulevard of Champions #6551 North Lauderdale, FL 4.0 2.5 1472 $2,600 $1.77 103d 1 0.45mi
7603 Kimberly Blvd North Lauderdale, FL 3.0 2.0 1145 $2,875 $2.51 120d 1 0.48mi
7625 Tam Oshanter Blvd Unit 102-2 North Lauderdale, FL 2.0 2.0 800 $1,650 $2.06 18d 1 0.48mi
6501 Harbour Rd North Lauderdale, FL 3.0 2.0 1180 $2,700 $2.29 19d 1 0.51mi
7635 SW 10th St Unit A North Lauderdale, FL 2.0 2.0 900 $1,900 $2.11 24d 1 0.52mi
7635 SW 10th St Unit A North Lauderdale, FL 2.0 2.0 900 $1,800 $2.00 2d 1 0.52mi
1400 Avon Ln North Lauderdale, FL 1.0–3.0 1.0–2.0 1070 $2,829 $2.64 0d 81 0.53mi
7306 Forest Blvd North Lauderdale, FL 3.0 2.0 1472 $2,800 $1.90 11d 1 0.55mi
6907 SW 7th St Margate, FL 2.0 1.0 827 $1,850 $2.24 29d 1 0.55mi
6897 SW 7th St Margate, FL 2.0 1.0 827 $1,895 $2.29 112d 1 0.55mi
7701 SW 10th Ct Unit 1A North Lauderdale, FL 3.0 1.0 1060 $1,900 $1.79 89d 1 0.55mi
7701 SW 10th Ct Unit 1A North Lauderdale, FL 3.0 1.0 1060 $2,350 $2.22 109d 1 0.55mi
6953 SW 7th St Margate, FL 2.0 1.0 827 $1,850 $2.24 6d 1 0.55mi
7650 Kimberly Blvd Unit 7654 North Lauderdale, FL 2.0 1.0 792 $1,850 $2.34 5d 1 0.55mi
1343 Hampton Blvd North Lauderdale, FL 2.0 2.0 1242 $2,450 $1.97 71d 1 0.55mi
1343 Hampton Blvd North Lauderdale, FL 2.0 2.0 1242 $2,450 $1.97 50d 1 0.55mi

Property features AI

Finance

HOA & community
Monthly HOA of $450 (includes grounds maintenance)Association amenities: OtherPets allowed with limits

Exterior

Security
Other security features
Utilities
Has heatingHas cooling
Home design
CondominiumResale propertyFaces west2 total stories
Construction
Block/CBS construction
Exterior features
Not waterfront

Interior

Kitchen
DisposalDishwasherRefrigerator
Bedrooms
3 bedrooms on the main level
Flooring
Tile flooring
Bathrooms
2 full bathrooms on the main level
Heating & cooling
Central heatingCentral air conditioning
Interior features
Walk-in closets

HOA detail $450/mo · $5,400/yr

Likely covers
parking

Listing history 20 events

  1. 2026-06-29
    days on market $199,000 Active 110 DOM
  2. 2026-06-28
    days on market $199,000 Active 109 DOM
  3. 2026-06-27
    days on market $199,000 Active 108 DOM
  4. 2026-06-26
    days on market $199,000 Active 107 DOM
  5. 2026-06-24
    days on market $199,000 Active 105 DOM
  6. 2026-06-22
    days on market $199,000 Active 103 DOM
  7. 2026-06-21
    days on market $199,000 Active 102 DOM
  8. 2026-06-18
    days on market $199,000 Active 99 DOM
  9. 2026-06-17
    days on market $199,000 Active 98 DOM
  10. 2026-06-16
    days on market $199,000 Active 97 DOM
  11. 2026-06-15
    days on market $199,000 Active 96 DOM
  12. 2026-06-13
    days on market $199,000 Active 94 DOM
  13. 2026-06-09
    days on market $199,000 Active 90 DOM
  14. 2026-06-07
    days on market $199,000 Active 88 DOM
  15. 2026-06-04
    days on market $199,000 Active 85 DOM
  16. 2026-06-03
    days on market $199,000 Active 84 DOM
  17. 2026-06-02
    days on market $199,000 Active 83 DOM
  18. 2026-06-01
    days on market $199,000 Active 82 DOM
  19. 2026-05-31
    days on market $199,000 Active 81 DOM
  20. 2025-07-24
    listed $199,000 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 25 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

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Taxation est. · year 1

Rental income
$30,957
− Mortgage interest
−$11,147
− Property taxes
−$2,985
− Insurance
−$995
− Repairs & maintenance
−$2,477
− Management
−$2,477
− HOA
−$5,400
− Depreciation
−$5,789
Taxable loss
−$312
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$75
After-tax cash flow
$2,628/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 · 14 photos

Good 80/100 Cosmetic rehab Est. rehab $5,750–$17,250 screening

This well-maintained 3BR/2BA condo is move-in ready with updated kitchen and bathrooms. It offers a good condition score and is ideal for first-time buyers or investors.

Value-add opportunities

  • Resale paint exterior — enhances curb appeal
  • Both landscape — improves curb appeal and adds value
  • Resale replace light fixtures — modernizes the space

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 38/100

Zoned Schools

Elementary North Lauderdale Elementary School F FL #1,969/2,144 Nat'l #28,475/41,679 Middle Nova Middle School C- FL #274/571 Nat'l #3,846/14,009 High College Academy At Broward College

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
B Composite livability gradescore 76/100

Livability — North Lauderdale

Score
76/100
State rank
#230
US rank
#3635

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
North Lauderdale, FL
County
Broward County · 2,207,033 people
City population
54,439
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
54,439
Household income
$64,051
Rent vs Own
37.1% rent · 62.9% own
Severe rent burden
14% of renters

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
Diverse neighborhood (Simpson 0.61)
Race & ethnicity
Black 58% Hispanic / Latino 21% Two or more races 13% White 11% Asian 4%
Hispanic origin (detail)
Mexican 3% Puerto Rican 4% Cuban 1% Dominican 3%
Common ancestry
Hispanic 17% Estonian 1% Lithuanian 1%
Foreign-born
47% · Canada, Jamaica, Vietnam
Languages at home
59% English-only · Spanish 19% French/Haitian/Cajun 15% Other Indo-European 2%

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

Price history

1 event — show timeline
  • 2025-07-24 Listed $199,000 Beaches MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…