REI Lense

REI Lense

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$4,639 (target)

7524 N Blue Spring Dr, Parkland, FL 33067

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Long-Term investment with a projected -12.12% first-year return on $131k initial cash invested.

-12.12%

Cash On Cash

3.83%

Cap Rate

0.65

DSCR

$4,639

Rent

-$1,320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,639 income − $5,959 expenses = $1,320 out of pocket

Income$4,639Out of Pocket$1,320Mortgage P&I$3,07466%Property Taxes$46310%Insurance$2245%HOA$99221%Management$46410%CapEx$2325%Vacancy$2786%Maintenance$2325%

Investment Breakdown

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Purchase Price

$623k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,225

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,639

Total Expenses

$5,959

Mortgage P&I

66%

$3,074

Property Taxes

10%

$463

Home Insurance

5%

$224

HOA

21%

$992

Property Management

10%

$464

CapEx

5%

$232

Vacancy

6%

$278

Maintenance

5%

$232

Other

0%

$0

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