REI Lense

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$7,269 (target)

185 NE 129th St, North Miami, FL 33161

3 beds • 2 baths • 1831 sqft

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This property could be a profitable Mid-Term investment with a projected 13.5% first-year return on $139k initial cash invested.

13.5%

Cash On Cash

10.08%

Cap Rate

1.62

DSCR

$7,269

Rent

$1,568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,269 income − $5,701 expenses = $1,568 cash flow

Income$7,269Mortgage P&I$2,99741%Property Taxes$741%Insurance$1582%Management$87212%CapEx$2914%Vacancy$2183%Maintenance$2914%Other$80011%Cash Flow$1,568

Investment Breakdown

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Purchase Price

$578k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$116k

Closing costs

1%

$5,782

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,269

Total Expenses

$5,701

Mortgage P&I

41%

$2,997

Property Taxes

1%

$74

Home Insurance

2%

$158

HOA

0%

$0

Property Management

12%

$872

CapEx

4%

$291

Vacancy

3%

$218

Maintenance

4%

$291

Other

11%

$800

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