Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$849,900

For Sale - Active
1560 NW 159th Ave, Pembroke Pines, FL 33028
5 Beds
3 Baths
2,998 Square Feet
0.12 Acres Lot
Built in 1998
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jun 10, 2025 at 03:43AM

Investment Summary


Monthly Cash Flow
-$1,598
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Property Description


0.12 Acres Lot
Built in 1998
For Sale - Active
Units n/a

ONLY 5 BED AND 3 BATH CURRENTLY AVAILABLE IN TOWNGATE! THIS IS THE BIGGEST MODEL THAT WAS BUILT HERE IN THE COMMUNITY, IF YOUR LOOKING TO BE IN TOWNGATE IN THE BIGGEST MODEL, THIS HOME IS NOW AVAILABLE. TOWNGATE IS IS ONE OF THE BEST AND MOST SOUGHT AFTER SOUTHWEST BROWARD GATED COMMUNITIES. THE CENTRAL LOCATION TO SCHOOLS, SHOPPING, HOUSES OF WORSHIP, ANYTHING YOU MIGHT NEED IS CLOSE BY. EASY ACCESS TO I-75 GIVES YOU A SHORT DRIVE TIME TO ANYWHERE IN BOTH BROWARD AND DADE COUNTIES. OWNER OCCUPIED BY SAME OWNERS FOR PAST 17 YEARS. WORK HAS BEEN DONE ON THE HOME THROUGHOUT THE YEARS. THERE ARE SOME COSMETIC ITEMS HERE AND THERE TO CORRECT, BUT OVERALL ITS A GREAT PROPERTY IN ON OF THE BEST NEIGHBORHOODS. OWNER SAYS COME AND SEE FOR YOUR SELF AND SUBMIT OFFER. ALL OFFERS TO BE CONSIDERED.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage
  • Details: Attached, Driveway, Garage
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 2

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Type: Gable or Hip
  • Roof Material: Barrel

HOA

  • Has HOA: Yes
  • HOA Fee: $655/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 514009152260
  • Lot Size: 5359 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Detached, TwoStory, SplitLevel
  • Year Built: 1998

Tax Information

  • Annual Tax: $4,884

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Broward

Listing Details


Listed by:
Samuel Fugina
Marlin Realty Inc
(954) 774-2477

Source:
MIAMI REALTORS MLS
MLS#: A11762700
MIAMI REALTORS MLS

Investment Summary


Monthly Cash Flow
-$1,598
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Purchase Details

Find an Agent

Purchase price:
$849,900
Amount financed:
-$679,920
Down payment:
$169,980
Closing costs:
$25,497
Rehab costs:
$0
Initial cash invested:
$195,477
Square feet:
2,998
Cost per square foot:
$283
Monthly rent per square foot:
$1.63

Financing Details

Find a Lender

Loan amount:
$679,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$4,354
Property tax:
$407
Insurance:
$343
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,104

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$4,900 $58,800
Vacancy loss: (6%)
6% -$294 -$3,528
Operating income:
$4,606 $55,272

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$407-$4,884
Insurance: (7%)
7%-$343-$4,116
Property management: (8%)
8%-$392-$4,704
Repairs & maintenance: (5%)
5%-$245-$2,940
Capital expenditures: (5%)
5%-$245-$2,940
HOA fees: (4%)
4%-$218-$2,616
Total operating expenses: (38%)
38%-$1,850-$22,200

Cash Flow


Monthly Yearly
Net operating income:
$2,756 $33,072
Mortgage payments:
-$4,354 -$52,248
Cash flow:
$1,598 $19,176