REI Lense

REI Lense

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$4,201 (target)

21217 SW 160th St, Miami, FL 33187

3 beds • 2 baths • 2352 sqft

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This property looks like a bad Long-Term investment with a projected -10.77% first-year return on $150k initial cash invested.

-10.77%

Cash On Cash

4.17%

Cap Rate

0.69

DSCR

$4,201

Rent

-$1,344

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,201 income − $5,545 expenses = $1,344 out of pocket

Income$4,201Out of Pocket$1,344Mortgage P&I$3,61286%Property Taxes$2747%Insurance$56713%Management$42010%CapEx$2105%Vacancy$2526%Maintenance$2105%

Investment Breakdown

|

Purchase Price

$713k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$143k

Closing costs

1%

$7,134

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,201

Total Expenses

$5,545

Mortgage P&I

86%

$3,612

Property Taxes

7%

$274

Home Insurance

14%

$567

HOA

0%

$0

Property Management

10%

$420

CapEx

5%

$210

Vacancy

6%

$252

Maintenance

5%

$210

Other

0%

$0

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