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3897 NW 22nd Avenue, Okeechobee, FL 34972

3 beds • 2 baths • 1456 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $87,153 initial cash invested.

0.74%

Cash On Cash

6.56%

Cap Rate

1.11

DSCR

$3,135

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,153

Downpayment

20%

$65,860

Closing costs

1%

$3,293

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,135

Total Expenses

$3,081

Mortgage P&I

52%

$1,622

Property Taxes

9%

$276

Home Insurance

4%

$118

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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