REI Lense

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$3,824 (target)

9420 Chelsea Drive S, Plantation, FL 33324

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Long-Term investment with a projected -10.89% first-year return on $91,644 initial cash invested.

-10.89%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$3,824

Rent

-$832

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,824 income − $4,656 expenses = $832 out of pocket

Income$3,824Out of Pocket$832Mortgage P&I$2,25659%Property Taxes$77520%Insurance$1574%HOA$47512%Management$38210%CapEx$1915%Vacancy$2296%Maintenance$1915%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,644

Downpayment

20%

$87,280

Closing costs

1%

$4,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,824

Total Expenses

$4,656

Mortgage P&I

59%

$2,256

Property Taxes

20%

$775

Home Insurance

4%

$157

HOA

12%

$475

Property Management

10%

$382

CapEx

5%

$191

Vacancy

6%

$229

Maintenance

5%

$191

Other

0%

$0

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