REI Lense

REI Lense

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$2,557 (target)

580 SE 2nd St, Hialeah, FL 33010

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -14.17% first-year return on $117k initial cash invested.

-14.17%

Cash On Cash

3.48%

Cap Rate

0.56

DSCR

$2,557

Rent

-$1,376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,557 income − $3,933 expenses = $1,376 out of pocket

Income$2,557Out of Pocket$1,376Mortgage P&I$2,857112%Property Taxes$2178%Insurance$1948%Management$25610%CapEx$1285%Vacancy$1536%Maintenance$1285%

Investment Breakdown

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Purchase Price

$555k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$111k

Closing costs

1%

$5,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,557

Total Expenses

$3,933

Mortgage P&I

112%

$2,857

Property Taxes

8%

$217

Home Insurance

8%

$194

HOA

0%

$0

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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