REI Lense

REI Lense

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$6,528 (target)

1460 Marseille Dr, Miami Beach, FL 33141

3 beds • 2 baths • 2005 sqft

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This property looks like a bad Long-Term investment with a projected -5.67% first-year return on $177k initial cash invested.

-5.67%

Cash On Cash

5.35%

Cap Rate

0.88

DSCR

$6,528

Rent

-$836

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,528 income − $7,364 expenses = $836 out of pocket

Income$6,528Out of Pocket$836Mortgage P&I$4,26765%Property Taxes$1,08817%Insurance$3125%Management$65310%CapEx$3265%Vacancy$3926%Maintenance$3265%

Investment Breakdown

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Purchase Price

$843k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$169k

Closing costs

1%

$8,430

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,528

Total Expenses

$7,364

Mortgage P&I

65%

$4,267

Property Taxes

17%

$1,088

Home Insurance

5%

$312

HOA

0%

$0

Property Management

10%

$653

CapEx

5%

$326

Vacancy

6%

$392

Maintenance

5%

$326

Other

0%

$0

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