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$6,608 (target)

1429 Crest Drive, Lake Worth, FL 33461

3 beds • 2 baths • 1862 sqft

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This property could be a profitable Mid-Term investment with a projected 10.09% first-year return on $130k initial cash invested.

10.09%

Cash On Cash

9.03%

Cap Rate

1.51

DSCR

$6,608

Rent

$1,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,608 income − $5,512 expenses = $1,096 cash flow

Income$6,608Mortgage P&I$2,66540%Property Taxes$4096%Insurance$1923%Management$79312%CapEx$2644%Vacancy$1983%Maintenance$2644%Other$72711%Cash Flow$1,096

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,348

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,608

Total Expenses

$5,512

Mortgage P&I

40%

$2,665

Property Taxes

6%

$409

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$793

CapEx

4%

$264

Vacancy

3%

$198

Maintenance

4%

$264

Other

11%

$727

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