REI Lense

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$4,766 (target)

7719 S Blue Spring Drive, Pompano Beach, FL 33067

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Long-Term investment with a projected -19.11% first-year return on $148k initial cash invested.

-19.11%

Cash On Cash

2.33%

Cap Rate

0.39

DSCR

$4,766

Rent

-$2,355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,766 income − $7,121 expenses = $2,355 out of pocket

Income$4,766Out of Pocket$2,355Mortgage P&I$3,48773%Property Taxes$1,18025%Insurance$2265%HOA$98921%Management$47710%CapEx$2385%Vacancy$2866%Maintenance$2385%

Investment Breakdown

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Purchase Price

$704k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$141k

Closing costs

1%

$7,042

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,766

Total Expenses

$7,121

Mortgage P&I

73%

$3,487

Property Taxes

25%

$1,180

Home Insurance

5%

$226

HOA

21%

$989

Property Management

10%

$477

CapEx

5%

$238

Vacancy

6%

$286

Maintenance

5%

$238

Other

0%

$0

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