REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,407 (target)

6218 NW 17th Street, Margate, FL 33063

3 beds • 2 baths • 1424 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $112k initial cash invested.

-11.18%

Cash On Cash

4.05%

Cap Rate

0.67

DSCR

$3,407

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,407 income − $4,453 expenses = $1,046 out of pocket

Income$3,407Out of Pocket$1,046Mortgage P&I$2,68279%Property Taxes$69420%Insurance$1926%Management$34110%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,345

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,407

Total Expenses

$4,453

Mortgage P&I

79%

$2,682

Property Taxes

20%

$694

Home Insurance

6%

$192

HOA

0%

$0

Property Management

10%

$341

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis