REI Lense

REI Lense

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$6,588 (target)

408 NW 21st St, Wilton Manors, FL 33311

3 beds • 2 baths • 1559 sqft

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This property looks like a bad Mid-Term investment with a projected -1.49% first-year return on $158k initial cash invested.

-1.49%

Cash On Cash

5.88%

Cap Rate

1.02

DSCR

$6,588

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$665k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,588

Total Expenses

$6,784

Mortgage P&I

48%

$3,193

Property Taxes

17%

$1,109

Home Insurance

4%

$240

HOA

0%

$0

Property Management

12%

$791

CapEx

4%

$264

Vacancy

3%

$198

Maintenance

4%

$264

Other

11%

$725

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