REI Lense

REI Lense

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$3,486 (target)

3856 SW 11th Avenue, Okeechobee, FL 34974

3 beds • 2 baths • 1466 sqft

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This property could be a profitable Long-Term investment with a projected 11.71% first-year return on $67,830 initial cash invested.

11.71%

Cash On Cash

9.05%

Cap Rate

1.52

DSCR

$3,486

Rent

$662

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,830

Downpayment

20%

$64,600

Closing costs

1%

$3,230

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,486

Total Expenses

$2,824

Mortgage P&I

46%

$1,600

Property Taxes

5%

$162

Home Insurance

4%

$156

HOA

0%

$0

Property Management

10%

$349

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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