REI Lense

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1115 NW 7th Ave, Fort Lauderdale, FL 33311

3 beds • 2 baths • 1180 sqft

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This property looks like a bad Airbnb investment with a projected -6.29% first-year return on $109k initial cash invested.

-6.29%

Cash On Cash

4.78%

Cap Rate

0.81

DSCR

$4,510

Rent

-$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,080

Closing costs

1%

$4,354

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,510

Total Expenses

$5,084

Mortgage P&I

47%

$2,128

Property Taxes

14%

$634

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$676

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,128

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