REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,638 (target)

16225 NE 2nd Ave, Miami, FL 33162

3 beds • 2 baths • 1176 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $96,477 initial cash invested.

3.25%

Cash On Cash

7.34%

Cap Rate

1.22

DSCR

$3,638

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,638 income − $3,377 expenses = $261 cash flow

Income$3,638Mortgage P&I$1,88052%Property Taxes$1263%Insurance$1334%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%Cash Flow$261

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,477

Downpayment

20%

$74,740

Closing costs

1%

$3,737

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,638

Total Expenses

$3,377

Mortgage P&I

52%

$1,880

Property Taxes

3%

$126

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis