REI Lense

REI Lense

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Target property

8330 NW 54th Street, Lauderhill, FL 33351

3 beds • 2 baths • 1844 sqft

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This property looks like a bad Airbnb investment with a projected -26.67% first-year return on $130k initial cash invested.

-26.67%

Cash On Cash

-0.54%

Cap Rate

-0.09

DSCR

$0

Rent

-$2,897

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $2,897 expenses = $2,897 out of pocket

Income$0Out of Pocket$2,897Mortgage P&I$2,655Property Taxes$55Insurance$187

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,897

Mortgage P&I

26550000%

$2,655

Property Taxes

550000%

$55

Home Insurance

1870000%

$187

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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