REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,513 (target)

3819 NW 21ST Avenue, Okeechobee, FL 34972

3 beds • 2 baths • 1438 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.44% first-year return on $59,640 initial cash invested.

-9.44%

Cash On Cash

4.5%

Cap Rate

0.73

DSCR

$1,513

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,513 income − $1,982 expenses = $469 out of pocket

Income$1,513Out of Pocket$469Mortgage P&I$1,45796%Property Taxes$322%Insurance$997%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,640

Downpayment

20%

$56,800

Closing costs

1%

$2,840

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,513

Total Expenses

$1,982

Mortgage P&I

96%

$1,457

Property Taxes

2%

$32

Home Insurance

7%

$99

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis