REI Lense

REI Lense

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$4,392 (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 Long-Term investment with a projected -11.11% first-year return on $140k initial cash invested.

-11.11%

Cash On Cash

3.83%

Cap Rate

0.66

DSCR

$4,392

Rent

-$1,293

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

$140k

Downpayment

20%

$133k

Closing costs

1%

$6,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,392

Total Expenses

$5,685

Mortgage P&I

73%

$3,193

Property Taxes

25%

$1,109

Home Insurance

5%

$240

HOA

0%

$0

Property Management

10%

$439

CapEx

5%

$220

Vacancy

6%

$264

Maintenance

5%

$220

Other

0%

$0

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