REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,809 (target)

13988 Lake Lure Court, Miami Lakes, FL 33014

3 beds • 2 baths • 1412 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.37% first-year return on $168k initial cash invested.

-19.37%

Cash On Cash

2.31%

Cap Rate

0.38

DSCR

$3,809

Rent

-$2,712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,809 income − $6,521 expenses = $2,712 out of pocket

Income$3,809Out of Pocket$2,712Mortgage P&I$4,059107%Property Taxes$1,19231%Insurance$2807%Management$38110%CapEx$1905%Vacancy$2296%Maintenance$1905%

Investment Breakdown

|

Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$8,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,809

Total Expenses

$6,521

Mortgage P&I

107%

$4,059

Property Taxes

31%

$1,192

Home Insurance

7%

$280

HOA

0%

$0

Property Management

10%

$381

CapEx

5%

$190

Vacancy

6%

$229

Maintenance

5%

$190

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis