REI Lense

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$3,317 (target)

1980 SW 66TH Avenue, North Lauderdale, FL 33068

3 beds • 2 baths • 1396 sqft

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This property looks like a bad Long-Term investment with a projected -1.01% first-year return on $89,166 initial cash invested.

-1.01%

Cash On Cash

6.35%

Cap Rate

1.04

DSCR

$3,317

Rent

-$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,317 income − $3,392 expenses = $75 out of pocket

Income$3,317Out of Pocket$75Mortgage P&I$2,15565%Property Taxes$2247%Insurance$1505%Management$33210%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,166

Downpayment

20%

$84,920

Closing costs

1%

$4,246

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,317

Total Expenses

$3,392

Mortgage P&I

65%

$2,155

Property Taxes

7%

$224

Home Insurance

5%

$150

HOA

0%

$0

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

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