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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 could be a profitable Mid-Term investment with a projected 13.11% first-year return on $138k initial cash invested.
13.11%
Cash On Cash
9.75%
Cap Rate
1.65
DSCR
$8,205
Rent
$1,506
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
$138k
Downpayment
20%
$114k
Closing costs
1%
$5,706
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$8,205
Total Expenses
$6,699
Mortgage P&I
34%
$2,803
Property Taxes
11%
$906
Home Insurance
2%
$200
HOA
0%
$0
Property Management
12%
$985
CapEx
4%
$328
Vacancy
3%
$246
Maintenance
4%
$328
Other
11%
$903