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$4,906 (target)

1476 NE 40TH Avenue, Okeechobee, FL 34972

3 beds • 2 baths • 2700 sqft

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This property looks like a bad Mid-Term investment with a projected -4.27% first-year return on $165k initial cash invested.

-4.27%

Cash On Cash

5.33%

Cap Rate

0.89

DSCR

$4,906

Rent

-$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,906 income − $5,494 expenses = $588 out of pocket

Income$4,906Out of Pocket$588Mortgage P&I$3,50471%Property Taxes$601%Insurance$2625%Management$58912%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$54011%

Investment Breakdown

|

Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,005

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,906

Total Expenses

$5,494

Mortgage P&I

71%

$3,504

Property Taxes

1%

$60

Home Insurance

5%

$262

HOA

0%

$0

Property Management

12%

$589

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$540

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