REI Lense

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$4,638 (target)

1315 NE 342ND Trail, Okeechobee, FL 34972

3 beds • 3 baths • 1647 sqft

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This property looks like a bad Mid-Term investment with a projected -2.19% first-year return on $143k initial cash invested.

-2.19%

Cash On Cash

5.85%

Cap Rate

0.97

DSCR

$4,638

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,638 income − $4,899 expenses = $261 out of pocket

Income$4,638Out of Pocket$261Mortgage P&I$2,97564%Property Taxes$1313%Insurance$2155%Management$55712%CapEx$1864%Vacancy$1393%Maintenance$1864%Other$51011%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,947

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,638

Total Expenses

$4,899

Mortgage P&I

64%

$2,975

Property Taxes

3%

$131

Home Insurance

5%

$215

HOA

0%

$0

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$510

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