REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,714 (target)

13988 Lake Lure Court, Miami Lakes, FL 33014

3 beds • 2 baths • 1412 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.36% first-year return on $186k initial cash invested.

-11.36%

Cash On Cash

3.79%

Cap Rate

0.62

DSCR

$5,714

Rent

-$1,761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,714 income − $7,475 expenses = $1,761 out of pocket

Income$5,714Out of Pocket$1,761Mortgage P&I$4,05971%Property Taxes$1,19221%Insurance$2805%Management$68612%CapEx$2294%Vacancy$1713%Maintenance$2294%Other$62911%

Investment Breakdown

|

Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$8,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,714

Total Expenses

$7,475

Mortgage P&I

71%

$4,059

Property Taxes

21%

$1,192

Home Insurance

5%

$280

HOA

0%

$0

Property Management

12%

$686

CapEx

4%

$229

Vacancy

3%

$171

Maintenance

4%

$229

Other

11%

$629

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis