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$535,000

For Sale - Active
6641 Greene St, Hollywood, FL 33024
3 Beds
2 Baths
984 Square Feet
0.15 Acres Lot
Built in 1957
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 16, 2025 at 03:38AM

Investment Summary


Monthly Cash Flow
-$1,438
Cap Rate
2.9%
Cash-on-Cash Return
-14.0%
Debt Coverage Ratio
0.48
Internal Rate of Return (5 years)
-9.6%

Property Description


0.15 Acres Lot
Built in 1957
For Sale - Active
Units n/a

AVAILABLE: $25,000 IN CLOSING COST CREDIT & 100% FHA FINANCING! ASAP Exceptional property!! TURN KEY!! •1,334 sq ft - 3/2 •roof 2022 •fully remodeled in 2023 •impact windows & doors •new ac unit & ac ducts •granite counter top & backsplash •new electrical panel & electrical throughout entire home •covered backyard terrace with epoxy flooring, lights & TV connectivity •outdoor shed has floor, walls & AC unit •additional shed for tools/storage •brand new irrigation system •water filter system

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Location


Property Details


Parking

  • Description: AttachedCarport, Covered, Other
  • Details: Driveway
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 0
  • # of Stories: 1

Exterior Features

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

Land Information

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

Lot Information

  • Parcel ID: 514102110470
  • Lot Size: 6385 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: OneStory
  • Year Built: 1957

Tax Information

  • Annual Tax: $7,549

Utilities

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

Location

  • County: Broward

Listing Details


Listed by:
Monica Soria
Landmark Real Estate CO
(305) 336-3353

Source:
MIAMI REALTORS MLS
MLS#: A11828214
MIAMI REALTORS MLS

Investment Summary


Monthly Cash Flow
-$1,438
Cap Rate
2.9%
Cash-on-Cash Return
-14.0%
Debt Coverage Ratio
0.48
Internal Rate of Return (5 years)
-9.6%

Purchase Details

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Purchase price:
$535,000
Amount financed:
-$428,000
Down payment:
$107,000
Closing costs:
$16,050
Rehab costs:
$0
Initial cash invested:
$123,050
Square feet:
984
Cost per square foot:
$544
Monthly rent per square foot:
$2.85

Financing Details

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Loan amount:
$428,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,741
Property tax:
$629
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,566

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (22%)
22%-$629-$7,549
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (47%)
47%-$1,329-$15,949

Cash Flow


Monthly Yearly
Net operating income:
$1,303 $15,636
Mortgage payments:
-$2,741 -$32,892
Cash flow:
$1,438 $17,256