2861 Somerset Dr, Apt 211, Lauderdale Lakes, FL 33311
Lauderdale Lakes, FL 33311 · 2 bd · 2 ba · 865 sqft · Condo · 107 days on market
The math, in full
- Asking price
- $105,000
- Down payment (20%)
- $21,000
- Loan amount
- $84,000
- Est. monthly rent
- Range $1,658–$2,243/mo
- $1,950/mo
- Monthly payment, all-in
- Mortgage + taxes + insurance (PITIA)
- $1,252/mo
- Cashflow ratio (DSCR)
- $1,950 rent ÷ $1,252 payment
- 1.56
- Monthly cashflow
- What's left after the payment
- +$698/mo
Where the rent number comes from
Median asking rent for 2-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
$21,000
20% down on $105,000
No 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.
Not the one? Browse more in FL →
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.