REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4960 NW 16th Street, Lauderhill, FL 33313

3 beds • 2 baths • 1692 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.47% first-year return on $106k initial cash invested.

-10.47%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,851

Rent

-$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,851 income − $3,778 expenses = $927 out of pocket

Income$2,851Out of Pocket$927Mortgage P&I$2,09373%Property Taxes$1696%Insurance$1475%Management$42815%CapEx$1144%Maintenance$1144%Other$71325%

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,851

Total Expenses

$3,778

Mortgage P&I

73%

$2,093

Property Taxes

6%

$169

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$713

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis