REI Lense

REI Lense

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$3,420 (target)

6232 NW 36th Ave, Coconut Creek, FL 33073

3 beds • 2 baths • 1507 sqft

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This property looks like a bad Long-Term investment with a projected -12.64% first-year return on $110k initial cash invested.

-12.64%

Cash On Cash

3.55%

Cap Rate

0.61

DSCR

$3,420

Rent

-$1,161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,420

Total Expenses

$4,581

Mortgage P&I

74%

$2,545

Property Taxes

24%

$805

Home Insurance

5%

$184

HOA

5%

$158

Property Management

10%

$342

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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