REI Lense

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$5,548 (target)

3697 NE 16TH Avenue, Oakland Park, FL 33334

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -3.63% first-year return on $148k initial cash invested.

-3.63%

Cash On Cash

6.16%

Cap Rate

0.93

DSCR

$5,548

Rent

-$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,548 income − $5,997 expenses = $449 out of pocket

Income$5,548Out of Pocket$449Mortgage P&I$3,41362%Property Taxes$4769%Insurance$2224%Management$66612%CapEx$2224%Vacancy$1663%Maintenance$2224%Other$61011%

Investment Breakdown

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Purchase Price

$621k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,207

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,548

Total Expenses

$5,997

Mortgage P&I

62%

$3,413

Property Taxes

9%

$476

Home Insurance

4%

$222

HOA

0%

$0

Property Management

12%

$666

CapEx

4%

$222

Vacancy

3%

$166

Maintenance

4%

$222

Other

11%

$610

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