REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3021 NW 184th St, Miami Gardens, FL 33056

3 beds • 2 baths • 1170 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.73% first-year return on $119k initial cash invested.

-17.73%

Cash On Cash

1.7%

Cap Rate

0.29

DSCR

$1,692

Rent

-$1,752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,692 income − $3,444 expenses = $1,752 out of pocket

Income$1,692Out of Pocket$1,752Mortgage P&I$2,363140%Property Taxes$1006%Insurance$16810%Management$25415%CapEx$684%Maintenance$684%Other$42325%

Investment Breakdown

|

Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,800

Closing costs

1%

$4,790

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,692

Total Expenses

$3,444

Mortgage P&I

140%

$2,363

Property Taxes

6%

$100

Home Insurance

10%

$168

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$423

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis