REI Lense

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$3,102 (target)

780 NW 179th Street, Miami Gardens, FL 33169

3 beds • 2 baths • 1319 sqft

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This property looks like a bad Long-Term investment with a projected -2.31% first-year return on $91,329 initial cash invested.

-2.31%

Cash On Cash

6.03%

Cap Rate

0.99

DSCR

$3,102

Rent

-$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,102 income − $3,278 expenses = $176 out of pocket

Income$3,102Out of Pocket$176Mortgage P&I$2,20871%Property Taxes$1124%Insurance$1525%Management$31010%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,102

Total Expenses

$3,278

Mortgage P&I

71%

$2,208

Property Taxes

4%

$112

Home Insurance

5%

$152

HOA

0%

$0

Property Management

10%

$310

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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