REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,417 (target)

970 SW 3rd Avenue, Pompano Beach, FL 33060

3 beds • 2 baths • 1620 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $141k initial cash invested.

2.65%

Cash On Cash

7.08%

Cap Rate

1.2

DSCR

$6,417

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,417 income − $6,107 expenses = $310 cash flow

Income$6,417Mortgage P&I$2,87745%Property Taxes$84413%Insurance$2033%Management$77012%CapEx$2574%Vacancy$1933%Maintenance$2574%Other$70611%Cash Flow$310

Investment Breakdown

|

Purchase Price

$584k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,837

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,417

Total Expenses

$6,107

Mortgage P&I

45%

$2,877

Property Taxes

13%

$844

Home Insurance

3%

$203

HOA

0%

$0

Property Management

12%

$770

CapEx

4%

$257

Vacancy

3%

$193

Maintenance

4%

$257

Other

11%

$706

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis