2811 Somerset Dr, Apt 206, Lauderdale Lakes, FL 33311
Lauderdale Lakes, FL 33311 · 1 bd · 1 ba · 748 sqft · Condo · 69 days on market
The math, in full
- Asking price
- $99,999
- Down payment (20%)
- $20,000
- Loan amount
- $79,999
- Est. monthly rent
- $1,550/mo
- Range $1,318–$1,782/mo
- Monthly payment, all-in
- $1,137/mo
- Mortgage + taxes + insurance (PITIA)
- Cashflow ratio (DSCR)
- 1.36
- $1,550 rent ÷ $1,137 payment
- Monthly cashflow
- +$413/mo
- What's left after the payment
Where the rent number comes from
Median asking rent for 1-bedroom homes in zip 33311, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.
Cash to start
$20,000
20% down on $99,999
Your local lenderNo credit pull. No obligation. A loan officer confirms real terms within one business day.
- Screened against real lending criteria — this one fits a current program.
- Qualifies on the property's rent — no W-2 or tax returns.
- Listing data verified as of June 9, 2026.
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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.