REI Lense

REI Lense

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$3,428 (target)

1129 NW 105th Street, Miami, FL 33150

3 beds • 2 baths • 1338 sqft

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This property might be a fair Long-Term investment with a projected 4.83% first-year return on $83,034 initial cash invested.

4.83%

Cash On Cash

7.44%

Cap Rate

1.26

DSCR

$3,428

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,034

Downpayment

20%

$79,080

Closing costs

1%

$3,954

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,428

Total Expenses

$3,094

Mortgage P&I

57%

$1,948

Property Taxes

3%

$115

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$343

CapEx

5%

$171

Vacancy

6%

$206

Maintenance

5%

$171

Other

0%

$0

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