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$6,208 (target)

1202 N K Street, Lake Worth, FL 33460

3 beds • 2 baths • 1382 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $133k initial cash invested.

1.85%

Cash On Cash

7.26%

Cap Rate

1.16

DSCR

$6,208

Rent

$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,208 income − $6,003 expenses = $205 cash flow

Income$6,208Mortgage P&I$2,86746%Property Taxes$82713%Insurance$1993%Management$74512%CapEx$2484%Vacancy$1863%Maintenance$2484%Other$68311%Cash Flow$205

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,488

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,208

Total Expenses

$6,003

Mortgage P&I

46%

$2,867

Property Taxes

13%

$827

Home Insurance

3%

$199

HOA

0%

$0

Property Management

12%

$745

CapEx

4%

$248

Vacancy

3%

$186

Maintenance

4%

$248

Other

11%

$683

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