REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,314 (target)

2910 NE 40th Court, Pompano Beach, FL 33064

3 beds • 2 baths • 1799 sqft

$1,182,500

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -12.17% first-year return on $266k initial cash invested.

-12.17%

Cash On Cash

3.63%

Cap Rate

0.6

DSCR

$7,314

Rent

-$2,702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,314 income − $10,016 expenses = $2,702 out of pocket

Income$7,314Out of Pocket$2,702Mortgage P&I$5,98482%Property Taxes$1,09815%Insurance$4466%Management$87812%CapEx$2934%Vacancy$2193%Maintenance$2934%Other$80511%

Investment Breakdown

|

Purchase Price

$1183k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$266k

Downpayment

20%

$237k

Closing costs

1%

$11,825

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,314

Total Expenses

$10,016

Mortgage P&I

82%

$5,984

Property Taxes

15%

$1,098

Home Insurance

6%

$446

HOA

0%

$0

Property Management

12%

$878

CapEx

4%

$293

Vacancy

3%

$219

Maintenance

4%

$293

Other

11%

$805

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis