REI Lense

REI Lense

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$5,985 (target)

2260 NW 40th Terrace, Coconut Creek, FL 33066

3 beds • 2 baths • 1890 sqft

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This property might be a fair Mid-Term investment with a projected 2.62% first-year return on $127k initial cash invested.

2.62%

Cash On Cash

7.02%

Cap Rate

1.21

DSCR

$5,985

Rent

$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,175

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,985

Total Expenses

$5,708

Mortgage P&I

42%

$2,510

Property Taxes

14%

$851

Home Insurance

3%

$187

HOA

2%

$126

Property Management

12%

$718

CapEx

4%

$239

Vacancy

3%

$180

Maintenance

4%

$239

Other

11%

$658

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