REI Lense

REI Lense

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$3,255 (target)

1891 NW 62nd Ter, Miami, FL 33147

3 beds • 2 baths • 1376 sqft

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This property looks like a bad Long-Term investment with a projected -0.26% first-year return on $83,790 initial cash invested.

-0.26%

Cash On Cash

6.27%

Cap Rate

1.07

DSCR

$3,255

Rent

-$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,790

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,255

Total Expenses

$3,273

Mortgage P&I

60%

$1,941

Property Taxes

11%

$345

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$195

Maintenance

5%

$163

Other

0%

$0

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