REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,332 (target)

1948 NE 7TH Terrace, Wilton Manors, FL 33305

3 beds • 3 baths • 1962 sqft

$2,039,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -23.6% first-year return on $428k initial cash invested.

-23.6%

Cash On Cash

1.52%

Cap Rate

0.24

DSCR

$6,332

Rent

-$8,421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,332 income − $14,753 expenses = $8,421 out of pocket

Income$6,332Out of Pocket$8,421Mortgage P&I$10,689169%Property Taxes$1,64726%Insurance$77012%Management$63310%CapEx$3175%Vacancy$3806%Maintenance$3175%

Investment Breakdown

|

Purchase Price

$2039k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$428k

Downpayment

20%

$408k

Closing costs

1%

$20,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,332

Total Expenses

$14,753

Mortgage P&I

169%

$10,689

Property Taxes

26%

$1,647

Home Insurance

12%

$770

HOA

0%

$0

Property Management

10%

$633

CapEx

5%

$317

Vacancy

6%

$380

Maintenance

5%

$317

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis