REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$9,748 (target)

6011 NE 19th Avenue, Fort Lauderdale, FL 33308

3 beds • 2 baths • 1935 sqft

$1,349,999

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -7.18% first-year return on $302k initial cash invested.

-7.18%

Cash On Cash

4.69%

Cap Rate

0.79

DSCR

$9,748

Rent

-$1,803

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,748 income − $11,551 expenses = $1,803 out of pocket

Income$9,748Out of Pocket$1,803Mortgage P&I$6,68669%Property Taxes$1,07911%Insurance$4725%Management$1,17012%CapEx$3904%Vacancy$2923%Maintenance$3904%Other$1,07211%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,748

Total Expenses

$11,551

Mortgage P&I

69%

$6,686

Property Taxes

11%

$1,079

Home Insurance

5%

$472

HOA

0%

$0

Property Management

12%

$1,170

CapEx

4%

$390

Vacancy

3%

$292

Maintenance

4%

$390

Other

11%

$1,072

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis