REI Lense

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$6,152 (target)

7921 NW 4th St, Fort Lauderdale, FL 33324

3 beds • 2 baths • 1427 sqft

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This property might be a fair Mid-Term investment with a projected 7.79% first-year return on $132k initial cash invested.

7.79%

Cash On Cash

8.43%

Cap Rate

1.41

DSCR

$6,152

Rent

$856

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,152 income − $5,296 expenses = $856 cash flow

Income$6,152Mortgage P&I$2,70944%Property Taxes$2184%Insurance$1943%HOA$831%Management$73812%CapEx$2464%Vacancy$1853%Maintenance$2464%Other$67711%Cash Flow$856

Investment Breakdown

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Purchase Price

$543k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,425

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,152

Total Expenses

$5,296

Mortgage P&I

44%

$2,709

Property Taxes

4%

$218

Home Insurance

3%

$194

HOA

1%

$83

Property Management

12%

$738

CapEx

4%

$246

Vacancy

3%

$185

Maintenance

4%

$246

Other

11%

$677

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