REI Lense

REI Lense

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$4,580 (target)

8820 N Lake Park Cir Circle N, Fort Lauderdale, FL 33328

3 beds • 2 baths • 1382 sqft

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This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $94,125 initial cash invested.

0.38%

Cash On Cash

6.72%

Cap Rate

1.12

DSCR

$4,580

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,125

Downpayment

20%

$72,500

Closing costs

1%

$3,625

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,580

Total Expenses

$4,550

Mortgage P&I

40%

$1,818

Property Taxes

19%

$880

Home Insurance

3%

$131

HOA

4%

$164

Property Management

12%

$550

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$504

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