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6705 Massachusetts Drive, Lake Worth, FL 33462

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 2.55% first-year return on $113k initial cash invested.

2.55%

Cash On Cash

6.99%

Cap Rate

1.19

DSCR

$4,377

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,140

Closing costs

1%

$4,507

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,377

Total Expenses

$4,138

Mortgage P&I

51%

$2,211

Property Taxes

6%

$277

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$481

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