REI Lense

REI Lense

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$4,656 (target)

5296 NE 2nd Terrace, Fort Lauderdale, FL 33334

3 beds • 2 baths • 828 sqft

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This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $105k initial cash invested.

1.62%

Cash On Cash

7.14%

Cap Rate

1.15

DSCR

$4,656

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,656 income − $4,514 expenses = $142 cash flow

Income$4,656Mortgage P&I$2,14346%Property Taxes$63914%Insurance$1493%Management$55912%CapEx$1864%Vacancy$1403%Maintenance$1864%Other$51211%Cash Flow$142

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,020

Closing costs

1%

$4,151

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,656

Total Expenses

$4,514

Mortgage P&I

46%

$2,143

Property Taxes

14%

$639

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$559

CapEx

4%

$186

Vacancy

3%

$140

Maintenance

4%

$186

Other

11%

$512

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