REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10115 Biscayne Blvd, Miami Shores, FL 33138

3 beds • 3 baths • 3312 sqft

$3,750,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -28.77% first-year return on $806k initial cash invested.

-28.77%

Cash On Cash

-0.04%

Cap Rate

-0.01

DSCR

$4,835

Rent

-$19,315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,835 income − $24,150 expenses = $19,315 out of pocket

Income$4,835Out of Pocket$19,315Mortgage P&I$18,988393%Property Taxes$1,53032%Insurance$1,31227%Management$72515%CapEx$1934%Maintenance$1934%Other$1,20925%

Investment Breakdown

|

Purchase Price

$3750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$806k

Downpayment

20%

$750k

Closing costs

1%

$37,500

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$4,835

Total Expenses

$24,150

Mortgage P&I

393%

$18,988

Property Taxes

32%

$1,530

Home Insurance

27%

$1,312

HOA

0%

$0

Property Management

15%

$725

CapEx

4%

$193

Vacancy

0%

$0

Maintenance

4%

$193

Other

25%

$1,209

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis