REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,201 (target)

511 SE 9TH Avenue, Pompano Beach, FL 33060

3 beds • 2 baths • 1770 sqft

$1,466,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -23.95% first-year return on $308k initial cash invested.

-23.95%

Cash On Cash

1.29%

Cap Rate

0.21

DSCR

$4,201

Rent

-$6,145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,201 income − $10,346 expenses = $6,145 out of pocket

Income$4,201Out of Pocket$6,145Mortgage P&I$7,516179%Property Taxes$1,19728%Insurance$54113%Management$42010%CapEx$2105%Vacancy$2526%Maintenance$2105%

Investment Breakdown

|

Purchase Price

$1466k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$308k

Downpayment

20%

$293k

Closing costs

1%

$14,660

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,201

Total Expenses

$10,346

Mortgage P&I

179%

$7,516

Property Taxes

28%

$1,197

Home Insurance

13%

$541

HOA

0%

$0

Property Management

10%

$420

CapEx

5%

$210

Vacancy

6%

$252

Maintenance

5%

$210

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis