REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,945 (target)

6620 Fern St, Margate, FL 33063

3 beds • 2 baths • 1195 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $87,591 initial cash invested.

-9.37%

Cash On Cash

4.79%

Cap Rate

0.76

DSCR

$2,945

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,945 income − $3,629 expenses = $684 out of pocket

Income$2,945Out of Pocket$684Mortgage P&I$2,20275%Property Taxes$47016%Insurance$1776%HOA$151%Management$29410%CapEx$1475%Vacancy$1776%Maintenance$1475%

Investment Breakdown

|

Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,591

Downpayment

20%

$83,420

Closing costs

1%

$4,171

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,945

Total Expenses

$3,629

Mortgage P&I

75%

$2,202

Property Taxes

16%

$470

Home Insurance

6%

$177

HOA

1%

$15

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis