REI Lense

REI Lense

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$3,396 (target)

7831 NW 30th Street, Hollywood, FL 33024

3 beds • 2 baths • 1600 sqft

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This property might be a fair Long-Term investment with a projected 4.72% first-year return on $79,800 initial cash invested.

4.72%

Cash On Cash

7.51%

Cap Rate

1.26

DSCR

$3,396

Rent

$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $3,082 expenses = $314 cash flow

Income$3,396Mortgage P&I$1,89456%Property Taxes$1715%Insurance$1334%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%Cash Flow$314

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,396

Total Expenses

$3,082

Mortgage P&I

56%

$1,894

Property Taxes

5%

$171

Home Insurance

4%

$133

HOA

0%

$0

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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