REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,960 (target)

11140 LAKEAIRE Circle, Boca Raton, FL 33498

3 beds • 2 baths • 1908 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $148k initial cash invested.

1.3%

Cash On Cash

6.86%

Cap Rate

1.13

DSCR

$5,960

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,960 income − $5,799 expenses = $161 cash flow

Income$5,960Mortgage P&I$3,14353%Property Taxes$2424%Insurance$2274%HOA$1613%Management$71512%CapEx$2384%Vacancy$1793%Maintenance$2384%Other$65611%Cash Flow$161

Investment Breakdown

|

Purchase Price

$619k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,194

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,960

Total Expenses

$5,799

Mortgage P&I

53%

$3,143

Property Taxes

4%

$242

Home Insurance

4%

$227

HOA

3%

$161

Property Management

12%

$715

CapEx

4%

$238

Vacancy

3%

$179

Maintenance

4%

$238

Other

11%

$656

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis