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6575 W Oakland Park Blvd #202
C Composite 57.24
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 +20.9/30.0
  • 1% rule +9.1/10.0
  • ARV discount +7.5/15.0
  • DSCR +6.6/10.0
  • Schools +4.1/10.0
  • Livability +4.0/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$139,900

6575 W Oakland Park Blvd #202 · Lauderhill, FL 33313
2 bd · 2.0 ba · 1,000 sqft · Condo public records · 59 Days on market
Built 1981 $400/mo HOA · 20% of rent

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

Listing remarks MLS

Come home to the Isles of Inverrary - private condo living. This is a 1000 SQFT 2BD / 2BA 2nd floor unit that is ready for move in. Washer and dryer in the unit. Tranquil grounds and common area. Community pool w/ clubhouse overlooking a lake. This p roperty is eligible for the Freddie Mac First Look program until 01/18/2012. Investors won't be considerd until then. Provide your clients Highest and Best offer as this unit will sell fast. Quick reply and quick closing.

Key facts

  • Laminate floors
  • Walk-in closet
  • Screened porch

Tags

GATED CONDOLAMINATE FLOORSGRANITE EAT-IN KITCHENSTAINLESS STEEL APPLIANCESWALK-IN CLOSETSCREENED PORCH

Property features AI

Finance

  • Other: Pets not allowed
  • Financial info: No land lease
  • HOA & community: HOA dues paid monthly; HOA includes insurance, grounds maintenance, structure maintenance, sewer, trash, water, elevator, roof repairs, recreation facility, and pool service; Community amenities: Parking, Pool

Exterior

  • Parking: Assigned parking; Guest parking; 2 parking spaces
  • Security: Key card entry; Other security features
  • Utilities: Public water; Other utilities
  • Home design: Condominium; Second-floor entry; Faces south; 5-story building; Resale condition
  • Construction: CBS construction; Other roof
  • Exterior features: Screened patio; Patio; Waterfront (no specific waterfront features)

Interior

  • Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Garbage disposal; Electric water heater
  • Bedrooms: 2 main-level bedrooms
  • Flooring: Laminate; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
  • Interior features: Walk-in closets; Sliding windows
  • Laundry & utility: Unfurnished

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 $140k.

Deal economics

  • At list price, monthly cash flow is $194 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $140k).
  • Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
  • Cap rate 8.0% vs local median 4.3% in Lauderhill — 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 79/100 on livability (#139 in FL, #2,059 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, 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.
  • Market conditions: Rents flat; 664 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $1,971/mo this rent would consume 51% of the median local household income ($46k/yr) (locally 5692% of renters already pay >50% of income on rent) — 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 $967 of loan paydown is wiped out by about $4k 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 59 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $42k; list at $140k implies a 233% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 20% of rent.
  • 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 $135,703 (3.0% below list)

Questions for the listing agent

  1. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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 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
1.41%
Cap rate
7.96%
Cash-on-cash
5.96%
DSCR
1.26
GRM
5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.26% rent growth · sell at horizon

5-year hold
IRR
-11.2%
Equity multiple
0.61×
Total profit
$-15,306
Equity at exit
$20,860
10-year hold
IRR
-8.2%
Equity multiple
0.57×
Total profit
$-16,824
Equity at exit
$12,096

Cash invested: $39,172 (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 33313

Rents YoY
0.3%
Active inventory
664
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,971 high interval (Pro) →
Mortgage (P&I)
$734
Tax from tax record
$171 /mo · $2,052/yr
Insurance
$58
HOA
$400
Vacancy / Maint / Mgmt
$414
Net cashflow
$194

Break-even live

Break-even rent $1,725
Max offer price $139,900
Occupancy floor 85%

Sensitivity live

Price -10% $274 -5% $234 +0% $194 +5% $155 +10% $115
Rent -10% $39 -5% $117 +0% $194 +5% $272 +10% $350
Rate -1.0pp $265 -0.5pp $230 base $194 +0.5pp $158 +1.0pp $121

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
$34,975
Closing costs
$4,197
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
6575 W Oakland Park Blvd #218 Lauderhill, FL 2.0 2.0 1110 $2,000 $1.80 25d 1 0.01mi
6575 W Oakland Park Blvd #214 Lauderhill, FL 2.0 2.0 1000 $1,900 $1.90 15d 1 0.01mi
6475 W Oakland Park Blvd Lauderhill, FL 1.0 1.5 800 $1,600 $2.00 25d 1 0.06mi
6701 W Oakland Park Blvd Fort Lauderdale, FL 1.0–2.0 1.0–2.0 1000 $2,359 $2.36 0d 9 0.14mi
3301 Spanish Moss Ter Lauderhill, FL 2.0 2.0 1090 $1,900 $1.74 18d 3 0.23mi
3280 Spanish Moss Ter #103 Lauderhill, FL 2.0 2.0 1200 $1,850 $1.54 25d 1 0.26mi
2921 NW 68th Ter #1 Sunrise, FL 2.0 2.0 975 $1,900 $1.95 25d 1 0.28mi
2921 NW 68th Ter #1 Sunrise, FL 2.0 2.0 975 $1,900 $1.95 8d 1 0.28mi
3300 Spanish Moss Ter #302 Lauderhill, FL 2.0 2.0 1200 $1,950 $1.62 15d 1 0.31mi
3300 Spanish Moss Ter Lauderhill, FL 2.0 2.0 1200 $1,900 $1.58 25d 1 0.31mi
2915 NW 60th Ave Sunrise, FL 2.0 2.0 1010 $2,100 $2.08 25d 1 0.33mi
3360 Spanish Moss Ter #408 Lauderhill, FL 2.0 2.0 1200 $1,850 $1.54 15d 1 0.40mi
3360 Spanish Moss Ter #313 Lauderhill, FL 2.0 2.0 1200 $1,699 $1.42 25d 1 0.40mi
3360 Spanish Moss Ter #305 Lauderhill, FL 3.0 2.0 1400 $2,500 $1.79 25d 1 0.40mi
6885 NW 27th Ct Sunrise, FL 2.0 1.0 923 $2,090 $2.26 13d 1 0.41mi
3660 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 725 $1,799 $2.48 8d 3 0.44mi
3660 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 725 $1,799 $2.48 18d 2 0.44mi
3521 Environ Blvd Unit B503 Lauderhill, FL 2.0 2.0 1390 $2,200 $1.58 25d 1 0.44mi
6108 NW 26th St Sunrise, FL 1.0–3.0 1.0–2.0 925 $2,138 $2.31 0d 45 0.45mi
3774 Inverrary Blvd Lauderhill, FL 1.0 1.5 726 $1,638 $2.26 3d 2 0.46mi
3774 Inverrary Blvd Lauderhill, FL 1.0 1.5 726 $1,638 $2.26 25d 2 0.46mi
3774 Inverrary Blvd Unit 105P Lauderhill, FL 1.0 1.5 726 $1,675 $2.31 3d 1 0.46mi
2759 NW 58th Ter Lauderhill, FL 3.0 2.0 1200 $2,750 $2.29 25d 1 0.46mi
2686 NW 60th Way #169 Sunrise, FL 3.0 2.5 1276 $2,250 $1.76 15d 1 0.47mi
2686 NW 60th Way #169 Sunrise, FL 3.0 2.5 1276 $2,250 $1.76 6d 1 0.47mi
2686 NW 60th Way #169 Sunrise, FL 3.0 2.5 1276 $2,300 $1.80 25d 1 0.47mi
6380 NW 25th Ct Sunrise, FL 3.0 2.0 1315 $3,500 $2.66 25d 1 0.48mi
3670 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 650 $1,600 $2.46 8d 3 0.48mi
3670 Inverrary Dr Lauderhill, FL 1.0 1.0–1.5 650 $1,450 $2.23 16d 2 0.48mi
3670 Inverrary Dr Unit 1F Lauderhill, FL 1.0 1.5 880 $1,450 $1.65 21d 1 0.49mi
3680 Inverrary Dr Unit 1V Lauderhill, FL 2.0 2.0 1150 $2,100 $1.83 15d 1 0.52mi
3680 Inverrary Dr Unit 1V Lauderhill, FL 2.0 2.0 1150 $2,100 $1.83 14d 1 0.52mi
3531 Inverrary Dr #108 Lauderhill, FL 2.0 2.0 904 $1,850 $2.05 0d 1 0.53mi
2620 E Aragon Blvd #3 Sunrise, FL 3.0 2.0 1435 $3,200 $2.23 25d 1 0.54mi
5958 NW 25th Ct #218 Sunrise, FL 3.0 2.5 1355 $2,800 $2.07 19d 1 0.55mi
3571 Inverrary Dr Lauderhill, FL 2.0 2.0 987 $1,625 $1.65 0d 2 0.55mi
3571 Inverrary Dr #403 Lauderhill, FL 2.0 2.0 1070 $1,600 $1.50 21d 1 0.56mi
3571 Inverrary Dr #305 Lauderhill, FL 2.0 2.0 904 $1,650 $1.83 25d 1 0.56mi
2534 NW 73rd Ave Sunrise, FL 1.0 1.0 950 $1,750 $1.84 25d 1 0.57mi
5730 NW 27th Ct Lauderhill, FL 3.0 2.0 1200 $2,600 $2.17 6d 1 0.58mi

HOA detail condo

Monthly dues
$400 · $4,800/yr
Likely covers
landscapingpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 19 events

  1. 2026-06-21
    days on market $139,900 Active 59 DOM
  2. 2026-06-18
    days on market $139,900 Active 56 DOM
  3. 2026-06-17
    days on market $139,900 Active 55 DOM
  4. 2026-06-16
    days on market $139,900 Active 54 DOM
  5. 2026-06-15
    days on market $139,900 Active 53 DOM
  6. 2026-06-13
    days on market $139,900 Active 51 DOM
  7. 2026-06-09
    days on market $139,900 Active 47 DOM
  8. 2026-06-08
    days on market $139,900 Active 46 DOM
  9. 2026-06-07
    days on market $139,900 Active 45 DOM
  10. 2026-06-04
    days on market $139,900 Active 42 DOM
  11. 2026-06-03
    days on market $139,900 Active 41 DOM
  12. 2026-06-02
    days on market $139,900 Active 40 DOM
  13. 2026-06-01
    days on market $139,900 Active 39 DOM
  14. 2026-05-31
    days on market $139,900 Active 38 DOM
  15. 2026-01-09
    listed $139,900 Active
  16. 2012-05-02
    soldstatus $42,000 473-char remark
    Show marketing remark (473 chars)

    Come home to the Isles of Inverrary - private condo living. This is a 1000 SQFT 2BD / 2BA 2nd floor unit that is ready for move in. Washer and dryer in the unit. Tranquil grounds and common area. Community pool w/ clubhouse overlooking a lake. This p roperty is eligible for the Freddie Mac First Look program until 01/18/2012. Investors won't be considerd until then. Provide your clients Highest and Best offer as this unit will sell fast. Quick reply and quick closing.

  17. 2005-04-04
    soldstatus $140,000
  18. 2004-10-06
    soldstatus $100,000
  19. 1983-03-01
    soldstatus $69,900

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

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$2,052 · $171/mo
Projected year-2 tax
$2,052 · $171/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

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 · 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,655
− Mortgage interest
−$7,837
− Property taxes
−$2,052
− Insurance
−$700
− Repairs & maintenance
−$1,892
− Management
−$1,892
− HOA
−$4,800
− Depreciation
−$4,070
Taxable income
$413
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$99
After-tax cash flow
$2,234/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.

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 — Lauderhill

Score
79/100
State rank
#139
US rank
#2059

Category grades

Amenities F Commute A+ 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
Lauderhill, FL
County
Broward County · 1,963,430 people
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
62,807
Household income
$46,305
Rent vs Own
54.3% rent · 45.7% own
Severe rent burden
5692.0

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
Predominantly Black (77%)
Race & ethnicity
Black 77% Hispanic / Latino 12% Two or more races 8% White 7% Asian 2%
Hispanic origin (detail)
Puerto Rican 2% Cuban 3% Dominican 1%
Common ancestry
Hispanic 20%
Foreign-born
39% · Canada, Jamaica, Dominican Republic
Languages at home
66% English-only · French/Haitian/Cajun 22% Spanish 10%

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
▼ -338.15%
Current HPI
288.9345
Rent YoY
▲ 0.26%
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

+100.1% since first listed
5 events — show timeline
  • 2026-01-09 Listed $139,900 Beaches MLS
  • 2012-05-02 Sold (MLS) $42,000 MARMLS
  • 2005-04-04 Sold (Public Records) $140,000 Public Records
  • 2004-10-06 Sold (Public Records) $100,000 Public Records
  • 1983-03-01 Sold (Public Records) $69,900 Public Records

Property tax history

+1.1%/yr

Latest (2025): $2,052 · +1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…