REI Lense

REI Lense

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$6,286 (target)

7970 SW 198th St, Cutler Bay, FL 33189

3 beds • 3 baths • 2032 sqft

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This property looks like a bad Mid-Term investment with a projected -5.1% first-year return on $186k initial cash invested.

-5.1%

Cash On Cash

4.94%

Cap Rate

0.86

DSCR

$6,286

Rent

-$789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$799k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,989

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,286

Total Expenses

$7,075

Mortgage P&I

61%

$3,828

Property Taxes

12%

$776

Home Insurance

5%

$285

HOA

1%

$50

Property Management

12%

$754

CapEx

4%

$251

Vacancy

3%

$189

Maintenance

4%

$251

Other

11%

$691

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