REI Lense

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$3,885 (target)

1210 NW 135th Street, North Miami, FL 33167

3 beds • 2 baths • 1317 sqft

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This property looks like a bad Mid-Term investment with a projected -3.12% first-year return on $111k initial cash invested.

-3.12%

Cash On Cash

5.7%

Cap Rate

0.94

DSCR

$3,885

Rent

-$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,885 income − $4,173 expenses = $288 out of pocket

Income$3,885Out of Pocket$288Mortgage P&I$2,22957%Property Taxes$46612%Insurance$1584%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%

Investment Breakdown

|

Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,240

Closing costs

1%

$4,412

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,885

Total Expenses

$4,173

Mortgage P&I

57%

$2,229

Property Taxes

12%

$466

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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