REI Lense

REI Lense

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$4,108 (target)

2421 NW 87th Ave, Sunrise, FL 33322

3 beds • 2 baths • 1915 sqft

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This property might be a fair Long-Term investment with a projected 2.14% first-year return on $109k initial cash invested.

2.14%

Cash On Cash

7.02%

Cap Rate

1.15

DSCR

$4,108

Rent

$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,108 income − $3,913 expenses = $195 cash flow

Income$4,108Mortgage P&I$2,63864%Property Taxes$2065%Insurance$2Management$41110%CapEx$2055%Vacancy$2466%Maintenance$2055%Cash Flow$195

Investment Breakdown

|

Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,195

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,108

Total Expenses

$3,913

Mortgage P&I

64%

$2,638

Property Taxes

5%

$206

Home Insurance

0%

$2

HOA

0%

$0

Property Management

10%

$411

CapEx

5%

$205

Vacancy

6%

$246

Maintenance

5%

$205

Other

0%

$0

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