REI Lense

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$5,148 (target)

2081 Utopia Dr, Miramar, FL 33023

3 beds • 2 baths • 1395 sqft

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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $132k initial cash invested.

-3.68%

Cash On Cash

5.78%

Cap Rate

0.93

DSCR

$5,148

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,148 income − $5,554 expenses = $406 out of pocket

Income$5,148Out of Pocket$406Mortgage P&I$2,82655%Property Taxes$78615%Insurance$1924%Management$61812%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56611%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,451

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,148

Total Expenses

$5,554

Mortgage P&I

55%

$2,826

Property Taxes

15%

$786

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$618

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$566

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