REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,120 (target)

2890 NE 4th St, Homestead, FL 33033

3 beds • 4 baths • 2664 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.08% first-year return on $124k initial cash invested.

-11.08%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$3,120

Rent

-$1,144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$118k

Closing costs

1%

$5,901

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,120

Total Expenses

$4,264

Mortgage P&I

92%

$2,880

Property Taxes

7%

$207

Home Insurance

7%

$210

HOA

5%

$156

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis