REI Lense

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$3,294 (target)

5317 Oakmont Village Circle, Lake Worth, FL 33463

3 beds • 2 baths • 1843 sqft

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This property looks like a bad Long-Term investment with a projected -9.78% first-year return on $107k initial cash invested.

-9.78%

Cash On Cash

4.37%

Cap Rate

0.72

DSCR

$3,294

Rent

-$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,294 income − $4,168 expenses = $874 out of pocket

Income$3,294Out of Pocket$874Mortgage P&I$2,56778%Property Taxes$2839%Insurance$1826%HOA$2798%Management$32910%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

|

Purchase Price

$511k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$102k

Closing costs

1%

$5,106

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,294

Total Expenses

$4,168

Mortgage P&I

78%

$2,567

Property Taxes

9%

$283

Home Insurance

6%

$182

HOA

8%

$279

Property Management

10%

$329

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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