REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,031 (target)

2200 Alcazar Dr, Miramar, FL 33023

3 beds • 2 baths • 1508 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $114k initial cash invested.

-8.99%

Cash On Cash

4.45%

Cap Rate

0.74

DSCR

$3,031

Rent

-$851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,031 income − $3,882 expenses = $851 out of pocket

Income$3,031Out of Pocket$851Mortgage P&I$2,70789%Property Taxes$1946%Insurance$1926%Management$30310%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

|

Purchase Price

$541k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$108k

Closing costs

1%

$5,411

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,031

Total Expenses

$3,882

Mortgage P&I

89%

$2,707

Property Taxes

6%

$194

Home Insurance

6%

$192

HOA

0%

$0

Property Management

10%

$303

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis