REI Lense

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$5,532 (target)

2300 N 57th Terrace, Hollywood, FL 33021

3 beds • 2 baths • 1439 sqft

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This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $134k initial cash invested.

4.47%

Cash On Cash

7.73%

Cap Rate

1.25

DSCR

$5,532

Rent

$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,532 income − $5,035 expenses = $497 cash flow

Income$5,532Mortgage P&I$2,82351%Property Taxes$1393%Insurance$1923%Management$66412%CapEx$2214%Vacancy$1663%Maintenance$2214%Other$60911%Cash Flow$497

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,532

Total Expenses

$5,035

Mortgage P&I

51%

$2,823

Property Taxes

3%

$139

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$664

CapEx

4%

$221

Vacancy

3%

$166

Maintenance

4%

$221

Other

11%

$609

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