REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,451 (target)

509 NE 29th St, Fort Lauderdale, FL 33334

3 beds • 2 baths • 1464 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.44% first-year return on $177k initial cash invested.

-16.44%

Cash On Cash

2.78%

Cap Rate

0.47

DSCR

$4,451

Rent

-$2,423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,451 income − $6,874 expenses = $2,423 out of pocket

Income$4,451Out of Pocket$2,423Mortgage P&I$4,15093%Property Taxes$1,26028%Insurance$3067%Management$44510%CapEx$2235%Vacancy$2676%Maintenance$2235%

Investment Breakdown

|

Purchase Price

$842k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$168k

Closing costs

1%

$8,422

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,451

Total Expenses

$6,874

Mortgage P&I

93%

$4,150

Property Taxes

28%

$1,260

Home Insurance

7%

$306

HOA

0%

$0

Property Management

10%

$445

CapEx

5%

$223

Vacancy

6%

$267

Maintenance

5%

$223

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis