REI Lense

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$5,724 (target)

11728 HIGHLAND Place, Coral Springs, FL 33071

3 beds • 3 baths • 2176 sqft

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This property looks like a bad Long-Term investment with a projected -4.97% first-year return on $146k initial cash invested.

-4.97%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$5,724

Rent

-$603

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,724 income − $6,327 expenses = $603 out of pocket

Income$5,724Out of Pocket$603Mortgage P&I$3,48361%Property Taxes$73013%Insurance$2595%HOA$3686%Management$57210%CapEx$2865%Vacancy$3436%Maintenance$2865%

Investment Breakdown

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Purchase Price

$693k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$139k

Closing costs

1%

$6,934

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,724

Total Expenses

$6,327

Mortgage P&I

61%

$3,483

Property Taxes

13%

$730

Home Insurance

5%

$259

HOA

6%

$368

Property Management

10%

$572

CapEx

5%

$286

Vacancy

6%

$343

Maintenance

5%

$286

Other

0%

$0

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