REI Lense

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$5,926 (target)

1500 Lacosta Drive W, Pembroke Pines, FL 33027

3 beds • 3 baths • 2368 sqft

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This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $157k initial cash invested.

-10.17%

Cash On Cash

4.21%

Cap Rate

0.72

DSCR

$5,926

Rent

-$1,334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,926 income − $7,260 expenses = $1,334 out of pocket

Income$5,926Out of Pocket$1,334Mortgage P&I$3,66962%Property Taxes$1,22421%Insurance$2624%HOA$56410%Management$59310%CapEx$2965%Vacancy$3566%Maintenance$2965%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,926

Total Expenses

$7,260

Mortgage P&I

62%

$3,669

Property Taxes

21%

$1,224

Home Insurance

4%

$262

HOA

10%

$564

Property Management

10%

$593

CapEx

5%

$296

Vacancy

6%

$356

Maintenance

5%

$296

Other

0%

$0

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