REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2223 Soundings Court, Greenacres, FL 33413

3 beds • 2 baths • 1439 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.04% first-year return on $121k initial cash invested.

-10.04%

Cash On Cash

3.84%

Cap Rate

0.66

DSCR

$4,946

Rent

-$1,014

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,240

Closing costs

1%

$4,912

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,946

Total Expenses

$5,960

Mortgage P&I

48%

$2,389

Property Taxes

12%

$600

Home Insurance

4%

$175

HOA

9%

$422

Property Management

15%

$742

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,236

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis