REI Lense

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$4,266 (target)

249 NW 48th Avenue, Deerfield Beach, FL 33442

3 beds • 2 baths • 1477 sqft

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This property looks like a bad Long-Term investment with a projected -10.53% first-year return on $112k initial cash invested.

-10.53%

Cash On Cash

4.39%

Cap Rate

0.72

DSCR

$4,266

Rent

-$981

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,266 income − $5,247 expenses = $981 out of pocket

Income$4,266Out of Pocket$981Mortgage P&I$2,71764%Property Taxes$1,02424%Insurance$1925%HOA$2055%Management$42710%CapEx$2135%Vacancy$2566%Maintenance$2135%

Investment Breakdown

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Purchase Price

$532k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$106k

Closing costs

1%

$5,324

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,266

Total Expenses

$5,247

Mortgage P&I

64%

$2,717

Property Taxes

24%

$1,024

Home Insurance

5%

$192

HOA

5%

$205

Property Management

10%

$427

CapEx

5%

$213

Vacancy

6%

$256

Maintenance

5%

$213

Other

0%

$0

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