REI Lense

REI Lense

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$5,050 (target)

2216 NW 2nd Avenue, Wilton Manors, FL 33311

3 beds • 2 baths • 1078 sqft

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This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $127k initial cash invested.

4.02%

Cash On Cash

7.28%

Cap Rate

1.25

DSCR

$5,050

Rent

$426

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

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,204

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,050

Total Expenses

$4,624

Mortgage P&I

50%

$2,531

Property Taxes

4%

$190

Home Insurance

4%

$185

HOA

0%

$0

Property Management

12%

$606

CapEx

4%

$202

Vacancy

3%

$152

Maintenance

4%

$202

Other

11%

$556

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