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1120 SW 8th Court, Okeechobee, FL 34974

3 beds • 2 baths • 1359 sqft

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This property could be a profitable Mid-Term investment with a projected 12.4% first-year return on $75,750 initial cash invested.

12.4%

Cash On Cash

9.81%

Cap Rate

1.69

DSCR

$3,448

Rent

$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,448

Total Expenses

$2,665

Mortgage P&I

39%

$1,328

Property Taxes

2%

$69

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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