REI Lense

REI Lense

Unlock all features! Tap here to upgrade

648 NE 17th Avenue, Fort Lauderdale, FL 33304

3 beds • 3 baths • 1888 sqft

$1,301,300

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -18.4% first-year return on $291k initial cash invested.

-18.4%

Cash On Cash

2.26%

Cap Rate

0.37

DSCR

$7,986

Rent

-$4,467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1301k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$13,013

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,986

Total Expenses

$12,453

Mortgage P&I

83%

$6,601

Property Taxes

19%

$1,537

Home Insurance

6%

$483

HOA

0%

$0

Property Management

15%

$1,198

CapEx

4%

$319

Vacancy

0%

$0

Maintenance

4%

$319

Other

25%

$1,996

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis