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$3,216 (target)

1111 NW 3rd Street, Okeechobee, FL 34972

3 beds • 2 baths • 1510 sqft

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This property could be a profitable Mid-Term investment with a projected 17.94% first-year return on $55,800 initial cash invested.

17.94%

Cash On Cash

12.91%

Cap Rate

1.99

DSCR

$3,216

Rent

$834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,216 income − $2,382 expenses = $834 cash flow

Income$3,216Mortgage P&I$97430%Property Taxes$2518%Insurance$632%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%Cash Flow$834

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,216

Total Expenses

$2,382

Mortgage P&I

30%

$974

Property Taxes

8%

$251

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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