REI Lense

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$4,796 (target)

2600 NW 205th St, Miami Gardens, FL 33056

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Mid-Term investment with a projected -6.53% first-year return on $138k initial cash invested.

-6.53%

Cash On Cash

4.91%

Cap Rate

0.81

DSCR

$4,796

Rent

-$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,796 income − $5,545 expenses = $749 out of pocket

Income$4,796Out of Pocket$749Mortgage P&I$2,88760%Property Taxes$82617%Insurance$2004%Management$57612%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52811%

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,700

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,796

Total Expenses

$5,545

Mortgage P&I

60%

$2,887

Property Taxes

17%

$826

Home Insurance

4%

$200

HOA

0%

$0

Property Management

12%

$576

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$528

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