REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$9,752 (target)

1324 Lenox Avenue, Miami Beach, FL 33139

3 beds • 2 baths • 1512 sqft

$1,700,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -9.16% first-year return on $375k initial cash invested.

-9.16%

Cash On Cash

4.23%

Cap Rate

0.71

DSCR

$9,752

Rent

-$2,863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,752 income − $12,615 expenses = $2,863 out of pocket

Income$9,752Out of Pocket$2,863Mortgage P&I$8,46687%Property Taxes$2382%Insurance$5956%Management$1,17012%CapEx$3904%Vacancy$2933%Maintenance$3904%Other$1,07311%

Investment Breakdown

|

Purchase Price

$1700k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$375k

Downpayment

20%

$340k

Closing costs

1%

$17,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,752

Total Expenses

$12,615

Mortgage P&I

87%

$8,466

Property Taxes

2%

$238

Home Insurance

6%

$595

HOA

0%

$0

Property Management

12%

$1,170

CapEx

4%

$390

Vacancy

3%

$293

Maintenance

4%

$390

Other

11%

$1,073

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis