REI Lense

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$5,636 (target)

12649 NW 10th Street, Coral Springs, FL 33071

3 beds • 3 baths • 1862 sqft

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This property looks like a bad Mid-Term investment with a projected -2.5% first-year return on $138k initial cash invested.

-2.5%

Cash On Cash

6.14%

Cap Rate

0.98

DSCR

$5,636

Rent

-$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,636 income − $5,923 expenses = $287 out of pocket

Income$5,636Out of Pocket$287Mortgage P&I$2,98653%Property Taxes$4879%Insurance$2104%HOA$3256%Management$67612%CapEx$2254%Vacancy$1693%Maintenance$2254%Other$62011%

Investment Breakdown

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Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,714

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,636

Total Expenses

$5,923

Mortgage P&I

53%

$2,986

Property Taxes

9%

$487

Home Insurance

4%

$210

HOA

6%

$325

Property Management

12%

$676

CapEx

4%

$225

Vacancy

3%

$169

Maintenance

4%

$225

Other

11%

$620

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