REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1821 NW 43rd Street, Oakland Park, FL 33309

3 beds • 2 baths • 2138 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.21% first-year return on $141k initial cash invested.

-7.21%

Cash On Cash

4.51%

Cap Rate

0.78

DSCR

$5,884

Rent

-$848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,884 income − $6,732 expenses = $848 out of pocket

Income$5,884Out of Pocket$848Mortgage P&I$2,81348%Property Taxes$88515%Insurance$2104%Management$88315%CapEx$2354%Maintenance$2354%Other$1,47125%

Investment Breakdown

|

Purchase Price

$586k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,860

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,884

Total Expenses

$6,732

Mortgage P&I

48%

$2,813

Property Taxes

15%

$885

Home Insurance

4%

$210

HOA

0%

$0

Property Management

15%

$883

CapEx

4%

$235

Vacancy

0%

$0

Maintenance

4%

$235

Other

25%

$1,471

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis