REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

6705 Massachusetts Drive, Lake Worth, FL 33462

3 beds • 2 baths • 1176 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.24% first-year return on $94,647 initial cash invested.

-6.24%

Cash On Cash

4.97%

Cap Rate

0.84

DSCR

$2,918

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,647

Downpayment

20%

$90,140

Closing costs

1%

$4,507

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,918

Total Expenses

$3,410

Mortgage P&I

76%

$2,211

Property Taxes

9%

$277

Home Insurance

6%

$163

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis