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221 S Ocean Breeze St Rear 1, Lake Worth, FL 33460
3 beds • 1 baths • 1232 sqft • 2 units
$570,600
View on ZillowThis property might be a fair Long-Term investment with a projected 1.38% first-year return on $120k initial cash invested.
1.38%
Cash On Cash
6.76%
Cap Rate
1.15
DSCR
$5,470
Rent
$138
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
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Purchase Price
$571k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,706
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,470
Total Expenses
$5,332
Mortgage P&I
51%
$2,803
Property Taxes
17%
$906
Home Insurance
4%
$200
HOA
0%
$0
Property Management
10%
$547
CapEx
5%
$274
Vacancy
6%
$328
Maintenance
5%
$274
Other
0%
$0