REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$11,094 (target)

2008 Admirals Way, Fort Lauderdale, FL 33316

3 beds • 3 baths • 1944 sqft

$2,172,600

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -20.69% first-year return on $474k initial cash invested.

-20.69%

Cash On Cash

2.3%

Cap Rate

0.35

DSCR

$11,094

Rent

-$8,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,094 income − $19,272 expenses = $8,178 out of pocket

Income$11,094Out of Pocket$8,178Mortgage P&I$11,899107%Property Taxes$2,72825%Insurance$8738%Management$1,33112%CapEx$4444%Vacancy$3333%Maintenance$4444%Other$1,22011%

Investment Breakdown

|

Purchase Price

$2173k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$474k

Downpayment

20%

$435k

Closing costs

1%

$21,726

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,094

Total Expenses

$19,272

Mortgage P&I

107%

$11,899

Property Taxes

25%

$2,728

Home Insurance

8%

$873

HOA

0%

$0

Property Management

12%

$1,331

CapEx

4%

$444

Vacancy

3%

$333

Maintenance

4%

$444

Other

11%

$1,220

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis