REI Lense

REI Lense

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$3,354 (target)

4521 NE 2nd Avenue, Oakland Park, FL 33334

3 beds • 2 baths • 1326 sqft

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This property looks like a bad Long-Term investment with a projected -9.53% first-year return on $99,120 initial cash invested.

-9.53%

Cash On Cash

4.44%

Cap Rate

0.74

DSCR

$3,354

Rent

-$787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,354 income − $4,141 expenses = $787 out of pocket

Income$3,354Out of Pocket$787Mortgage P&I$2,36571%Property Taxes$73422%Insurance$1705%Management$33510%CapEx$1685%Vacancy$2016%Maintenance$1685%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,120

Downpayment

20%

$94,400

Closing costs

1%

$4,720

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,354

Total Expenses

$4,141

Mortgage P&I

71%

$2,365

Property Taxes

22%

$734

Home Insurance

5%

$170

HOA

0%

$0

Property Management

10%

$335

CapEx

5%

$168

Vacancy

6%

$201

Maintenance

5%

$168

Other

0%

$0

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