REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,046 (target)

2021 NW 187TH Street, Miami Gardens, FL 33056

3 beds • 2 baths • 1863 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.43% first-year return on $126k initial cash invested.

-4.43%

Cash On Cash

5.69%

Cap Rate

0.89

DSCR

$4,046

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,046 income − $4,512 expenses = $466 out of pocket

Income$4,046Out of Pocket$466Mortgage P&I$2,74768%Property Taxes$2095%Insurance$1804%Management$48612%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44511%

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,046

Total Expenses

$4,512

Mortgage P&I

68%

$2,747

Property Taxes

5%

$209

Home Insurance

4%

$180

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$445

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis