REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,717 (target)

511 SE 9th Avenue, Pompano Beach, FL 33060

3 beds • 2 baths • 1770 sqft

$1,490,500

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -17.38% first-year return on $331k initial cash invested.

-17.38%

Cash On Cash

2.37%

Cap Rate

0.39

DSCR

$6,717

Rent

-$4,793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,717 income − $11,510 expenses = $4,793 out of pocket

Income$6,717Out of Pocket$4,793Mortgage P&I$7,472111%Property Taxes$1,19718%Insurance$5568%Management$80612%CapEx$2694%Vacancy$2023%Maintenance$2694%Other$73911%

Investment Breakdown

|

Purchase Price

$1491k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$331k

Downpayment

20%

$298k

Closing costs

1%

$14,905

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,717

Total Expenses

$11,510

Mortgage P&I

111%

$7,472

Property Taxes

18%

$1,197

Home Insurance

8%

$556

HOA

0%

$0

Property Management

12%

$806

CapEx

4%

$269

Vacancy

3%

$202

Maintenance

4%

$269

Other

11%

$739

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis