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Category Archives: North Miami Beach

Navigating Finances in The Harbour Condo, North Miami: A Realistic Scenario

Introduction: Section 1: Breaking Down Expenses: 1.1. Condo Fees: $10,800 1.2. Realtor Fees: $4,100 1.3. Property Taxes: $8,870 1.4. Property Maintenance: $2,000 1.5. Mortgage Payment: $36,000 1.6. Yearly Total Expenses: $61,320 Section 2: Income Generation: 2.1. Rental Income: $48,000 2.2. Rental Market Conditions: Section 3: Analyzing the Bottom Line: 3.1. Profit or Loss Calculation: 3.2. […]