REI Lense

REI Lense

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$3,367 (target)

2216 NW 2nd Avenue, Wilton Manors, FL 33311

3 beds • 2 baths • 1078 sqft

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This property looks like a bad Long-Term investment with a projected -4.55% first-year return on $109k initial cash invested.

-4.55%

Cash On Cash

5.27%

Cap Rate

0.9

DSCR

$3,367

Rent

-$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,204

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,367

Total Expenses

$3,781

Mortgage P&I

75%

$2,531

Property Taxes

6%

$190

Home Insurance

5%

$185

HOA

0%

$0

Property Management

10%

$337

CapEx

5%

$168

Vacancy

6%

$202

Maintenance

5%

$168

Other

0%

$0

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