REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,529 (target)

3310 NW 22nd Avenue, Okeechobee, FL 34972

3 beds • 2 baths • 1421 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.9% first-year return on $71,379 initial cash invested.

-11.9%

Cash On Cash

3.75%

Cap Rate

0.63

DSCR

$1,529

Rent

-$708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,529 income − $2,237 expenses = $708 out of pocket

Income$1,529Out of Pocket$708Mortgage P&I$1,693111%Property Taxes$282%Insurance$1198%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,529

Total Expenses

$2,237

Mortgage P&I

111%

$1,693

Property Taxes

2%

$28

Home Insurance

8%

$119

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis