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6090 N Sabal Palm Blvd #110
B- Composite 69.23
Why this score? — see what drove the B- 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 +29.2/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.2/5.0
  • Appreciation +0.0/10.0

$99,000

6090 N Sabal Palm Blvd #110 · Tamarac, FL 33319
2 bd · 2.0 ba · 1,010 sqft · Condo public records · 37 Days on market
Built 1983 $683/mo HOA · 33% of rent

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

Listing remarks

Spacious 2-bedroom, 2-bath condo in the desirable 55+ community of Lakes of Carriage Hills offering over 1,000 sq ft of living space and peaceful lake views. Features include a bright open layout, generously sized bedrooms, walk-in closet in the primary bedroom, washer & dryer, and plenty of storage throughout. Unit is in original condition and ready for your personal updates and touches. Enjoy scenic walking paths, bridges, clubhouse, 2 heated pools, tennis courts, shuffleboard, and more. Conveniently located near shopping and restaurants. Great opportunity with lots of potential—seller is motivated!

Key facts

  • Heated pools
  • Clubhouse
  • Lake views

Tags

LAKE VIEWSWALKING PATHSCLUBHOUSEHEATED POOLSTENNIS COURTSSHUFFLEBOARD

Property features AI

Finance

  • Other: Senior community; Pets not allowed
  • Financial info: Not a land lease community
  • HOA & community: Part of Lakes of Carriage Hills 2 association; Monthly HOA fee (paid monthly); Association amenities: clubhouse, pool, maintained community; HOA covers cable TV, insurance, internet, grounds and structure maintenance, sewer, trash, water, common areas, elevator, hot water, reserve funds, roof repairs

Exterior

  • Parking: Assigned parking; Guest parking; 29 total parking spaces; 1 open parking space
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Condominium; One level (entry on first floor); Faces north
  • Construction: Block construction; Other roof; 3 total stories; Built/recorded living area 1,000
  • Exterior features: Screened porch; Porch; Not waterfront

Interior

  • Kitchen: Disposal; Dishwasher; Electric range; Refrigerator
  • Bedrooms: 2 bedrooms on the main level
  • Flooring: Carpet
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Central heating; Central air; Ceiling fans
  • Interior features: Bedroom layout is split; Unfurnished
  • Laundry & utility: Electric water heater; Laundry details: see remarks

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 $99k.

Deal economics

  • At list price, monthly cash flow is $345 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $99k).
  • Recommended offer: $96k (3.0% below list) — sets the bar for market timing.
  • Cap rate 10.5% 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.
  • Zoned schools: Broadview Elementary School (math 29% / reading 38%, grade F, #1,758 of 2,144 statewide, top 83%, 742 students, 86% FRL); Lauderdale Lakes Middle School (math 21% / reading 26%, grade F, #536 of 571 statewide, top 95%, 816 students, 79% FRL); Boyd H. Anderson High School (math 10% / reading 14%, grade F, #622 of 667 statewide, top 93%, 2,038 students, 72% FRL) — zoned schools average 79% FRL vs 51% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 23% at this address vs 48% district-wide (-24 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-1.4%/yr); 821 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 ($58k/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 $684 of loan paydown is wiped out by about $3k 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 37 days — a 3% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $41k; list at $99k implies a 144% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 33% of rent.
Recommended offer $96,030 (3.0% below list)

Questions for the listing agent

  1. It's been on market 37 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 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?
  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
2.11%
Cap rate
10.47%
Cash-on-cash
14.92%
DSCR
1.66
GRM
4.0

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
0.2%
Equity multiple
1.01×
Total profit
$197
Equity at exit
$14,761
10-year hold
IRR
4.1%
Equity multiple
1.23×
Total profit
$6,458
Equity at exit
$8,560

Cash invested: $27,720 (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.

ZIP-level market 33319

Rents YoY
-1.4%
Active inventory
821
Price-to-rent
4.0×

Monthly cashflow live

Estimated rent
$2,088 high interval (Pro) →
Mortgage (P&I)
$519
Tax from tax record
$62 /mo · $740/yr
Insurance
$41
HOA
$683
Vacancy / Maint / Mgmt
$439
Net cashflow
$345

Break-even live

Break-even rent $1,652
Max offer price $99,000
Occupancy floor 78%

Sensitivity live

Price -10% $401 -5% $373 +0% $345 +5% $317 +10% $289
Rent -10% $180 -5% $262 +0% $345 +5% $427 +10% $510
Rate -1.0pp $394 -0.5pp $370 base $345 +0.5pp $319 +1.0pp $293

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
$24,750
Closing costs
$2,970
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
1982 SW 68th Ter North Lauderdale, FL 2.0 1.0 775 $2,300 $2.97 22d 1 0.09mi
1982 SW 68th Ter North Lauderdale, FL 2.0 1.0 775 $2,100 $2.71 8d 1 0.09mi
6075 N Sabal Palm Blvd #210 Tamarac, FL 2.0 2.0 970 $1,900 $1.96 21d 1 0.12mi
5155 E Sabal Palm Blvd #204 Tamarac, FL 2.0 1.5 790 $1,600 $2.03 25d 1 0.14mi
6963 SW 19th St Pompano Beach, FL 2.0 1.0 1054 $1,700 $1.61 25d 1 0.25mi
2024 Champions Way North Lauderdale, FL 2.0 2.0 948 $2,500 $2.64 25d 1 0.25mi
1812 Adventure Pl #1812 North Lauderdale, FL 2.0 1.0 955 $2,200 $2.30 25d 1 0.27mi
5780 Rock Island Rd #362 Tamarac, FL 2.0 2.0 1030 $1,900 $1.84 25d 1 0.31mi
5740 Rock Island Rd Tamarac, FL 1.0 1.0 722 $1,722 $2.38 25d 1 0.33mi
1740 SW 70th Way North Lauderdale, FL 2.0 1.0 775 $2,000 $2.58 12d 1 0.33mi
5740 Rock Island Rd #299 Tamarac, FL 1.0 1.0 750 $1,895 $2.53 14d 1 0.33mi
1850 Adventure Pl North Lauderdale, FL 3.0 2.0 1336 $2,750 $2.06 25d 1 0.34mi
5672 Rock Island Rd Tamarac, FL 1.0 1.0 717 $1,748 $2.44 3d 2 0.36mi
4717 NW 58th St Tamarac, FL 2.0 2.0 1354 $2,600 $1.92 8d 1 0.42mi
1908 Players Pl North Lauderdale, FL 3.0 2.0 1336 $1,150 $0.86 25d 1 0.43mi
7174 Sportsmans Dr North Lauderdale, FL 2.0 2.0 1186 $2,400 $2.02 25d 1 0.45mi
5646 Rock Island Rd #198 Tamarac, FL 2.0 2.0 1030 $2,150 $2.09 25d 1 0.46mi
1953 Players Pl #1953 North Lauderdale, FL 3.0 2.0 1186 $2,400 $2.02 25d 1 0.46mi
5628 Rock Island Rd Tamarac, FL 1.0–2.0 1.0–2.0 867 $2,000 $2.31 6d 2 0.47mi
1720 SW 64th Ter North Lauderdale, FL 3.0 2.0 1248 $3,600 $2.88 12d 1 0.49mi
6872 SW 15th St Pompano Beach, FL 2.0 1.0 919 $2,400 $2.61 14d 1 0.50mi
5584 NW 59th Pl Tamarac, FL 3.0 2.5 1488 $2,700 $1.81 25d 1 0.54mi
5843 Woodlands Blvd Unit 5843 Tamarac, FL 3.0 2.5 1373 $2,900 $2.11 25d 1 0.55mi
4934 NW 55th Ct Tamarac, FL 2.0 1.0 1059 $1,895 $1.79 15d 1 0.59mi
6711 Boulevard of Champions North Lauderdale, FL 1.0 1.0 1216 $1,800 $1.48 25d 1 0.63mi
6056 SW 19th Pl North Lauderdale, FL 2.0 2.5 1161 $2,350 $2.02 25d 1 0.70mi
6001 Shakerwood Cir #205 Tamarac, FL 2.0 2.0 775 $1,800 $2.32 25d 1 0.71mi
6060 SW 19th Ct North Lauderdale, FL 2.0 3.0 1120 $2,200 $1.96 25d 1 0.72mi
6020 Shakerwood Cir #106 Tamarac, FL 2.0 2.0 800 $2,000 $2.50 16d 1 0.72mi
6081 SW 19th St North Lauderdale, FL 2.0 2.5 1161 $2,499 $2.15 25d 1 0.72mi
6081 SW 19th St North Lauderdale, FL 2.0 2.5 1161 $2,290 $1.97 5d 1 0.72mi
5821 Swordfish Ct Unit B Tamarac, FL 2.0 2.5 1380 $2,250 $1.63 25d 1 0.73mi
6061 Shakerwood Cir #206 Tamarac, FL 2.0 2.0 775 $1,800 $2.32 5d 1 0.74mi
129 San Remo Blvd #129 North Lauderdale, FL 3.0 2.5 1403 $2,600 $1.85 25d 1 0.76mi
1962 SW 60th Ave North Lauderdale, FL 3.0 3.0 1280 $2,500 $1.95 20d 1 0.79mi
1954 SW 60th Ave Unit 1 North Lauderdale, FL 2.0 2.0 1120 $2,550 $2.28 25d 1 0.79mi
224 San Remo Blvd Unit 224 North Lauderdale, FL 3.0 2.5 1289 $2,900 $2.25 25d 1 0.84mi
4033 Lakeside Dr #4033 Tamarac, FL 2.0 1.0 720 $1,700 $2.36 25d 1 0.86mi
4010 Lakeside Dr #4010 Tamarac, FL 2.0 1.0 720 $1,750 $2.43 18d 1 0.86mi
4010 Lakeside Dr #4010 Tamarac, FL 2.0 1.0 720 $1,700 $2.36 2d 1 0.86mi

HOA detail condo

Monthly dues
$683 · $8,196/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 15 events

  1. 2026-06-18
    days on market $99,000 Active 37 DOM
  2. 2026-06-17
    days on market $99,000 Active 36 DOM
  3. 2026-06-16
    days on market $99,000 Active 35 DOM
  4. 2026-06-15
    days on market $99,000 Active 34 DOM
  5. 2026-06-13
    days on market $99,000 Active 32 DOM
  6. 2026-06-09
    days on market $99,000 Active 28 DOM
  7. 2026-06-08
    days on market $99,000 Active 27 DOM
  8. 2026-06-07
    days on market $99,000 Active 26 DOM
  9. 2026-06-04
    days on market $99,000 Active 23 DOM
  10. 2026-06-03
    days on market $99,000 Active 22 DOM
  11. 2026-06-02
    days on market $99,000 Active 21 DOM
  12. 2026-06-01
    days on market $99,000 Active 20 DOM
  13. 2026-05-31
    days on market $99,000 Active 19 DOM
  14. 2026-05-12
    listed $99,000 Active
  15. 1996-09-18
    soldstatus $40,600

ⓘ 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
$740 · $62/mo
Projected year-2 tax
$822 · $68/mo
Expected delta
+$81/yr (+$7/mo · 11.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$25,058
− Mortgage interest
−$5,546
− Property taxes
−$740
− Insurance
−$495
− Repairs & maintenance
−$2,005
− Management
−$2,005
− HOA
−$8,196
− Depreciation
−$2,880
Taxable income
$3,192
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$766
After-tax cash flow
$3,369/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 — 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)
54,450
Household income
$58,388
Rent vs Own
31.9% rent · 68.1% own
Severe rent burden
2809.0

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
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
Black 61% Hispanic / Latino 17% White 15% Two or more races 11% Asian 4%
Hispanic origin (detail)
Puerto Rican 4% Cuban 2% Dominican 1%
Common ancestry
Hispanic 13% Romanian 1% Italian 1%
Foreign-born
46% · Canada, Jamaica, Vietnam
Languages at home
64% English-only · Spanish 15% 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

Market trends

HPI YoY
▼ -202.84%
Current HPI
328.4307
Rent YoY
▼ -1.38%
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

+143.8% since first listed
2 events — show timeline
  • 2026-05-12 Listed $99,000 Beaches MLS
  • 1996-09-18 Sold (Public Records) $40,600 Public Records

Property tax history

+4.9%/yr

Latest (2025): $740 · +6.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…