REI Lense

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$2,908 (target)

2923 NW 48th Street, Tamarac, FL 33309

3 beds • 2 baths • 1008 sqft

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This property looks like a bad Long-Term investment with a projected -5.09% first-year return on $78,750 initial cash invested.

-5.09%

Cash On Cash

5.51%

Cap Rate

0.9

DSCR

$2,908

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,908 income − $3,242 expenses = $334 out of pocket

Income$2,908Out of Pocket$334Mortgage P&I$1,91266%Property Taxes$30911%Insurance$1315%HOA$1355%Management$29110%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,908

Total Expenses

$3,242

Mortgage P&I

66%

$1,912

Property Taxes

11%

$309

Home Insurance

5%

$131

HOA

5%

$135

Property Management

10%

$291

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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