REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2518 NW 121st Dr, Coral Springs, FL 33065

3 beds • 2 baths • 2267 sqft

Email

This property looks like a bad Airbnb investment with a projected -27.34% first-year return on $148k initial cash invested.

-27.34%

Cash On Cash

-0.63%

Cap Rate

-0.11

DSCR

$463

Rent

-$3,361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$463 income − $3,824 expenses = $3,361 out of pocket

Income$463Out of Pocket$3,361Mortgage P&I$3,019652%Property Taxes$36879%Insurance$21446%Management$6915%CapEx$194%Maintenance$194%Other$11625%

Investment Breakdown

|

Purchase Price

$617k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$123k

Closing costs

1%

$6,168

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$463

Total Expenses

$3,824

Mortgage P&I

652%

$3,019

Property Taxes

79%

$368

Home Insurance

46%

$214

HOA

0%

$0

Property Management

15%

$69

CapEx

4%

$19

Vacancy

0%

$0

Maintenance

4%

$19

Other

25%

$116

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis