REI Lense

REI Lense

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$5,144 (target)

1521 NE 40th Court, Oakland Park, FL 33334

3 beds • 2 baths • 1577 sqft

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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $165k initial cash invested.

-10.46%

Cash On Cash

4.09%

Cap Rate

0.69

DSCR

$5,144

Rent

-$1,436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$785k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$157k

Closing costs

1%

$7,846

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,144

Total Expenses

$6,580

Mortgage P&I

75%

$3,855

Property Taxes

21%

$1,103

Home Insurance

6%

$285

HOA

0%

$0

Property Management

10%

$514

CapEx

5%

$257

Vacancy

6%

$309

Maintenance

5%

$257

Other

0%

$0

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