REI Lense

REI Lense

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$3,438 (target)

20331 NE 10th Court, Miami, FL 33179

3 beds • 2 baths • 1651 sqft

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This property looks like a bad Long-Term investment with a projected -11.61% first-year return on $110k initial cash invested.

-11.61%

Cash On Cash

3.89%

Cap Rate

0.66

DSCR

$3,438

Rent

-$1,060

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,438 income − $4,498 expenses = $1,060 out of pocket

Income$3,438Out of Pocket$1,060Mortgage P&I$2,58175%Property Taxes$47914%Insurance$1875%HOA$35710%Management$34410%CapEx$1725%Vacancy$2066%Maintenance$1725%

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$104k

Closing costs

1%

$5,217

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,438

Total Expenses

$4,498

Mortgage P&I

75%

$2,581

Property Taxes

14%

$479

Home Insurance

5%

$187

HOA

10%

$357

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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