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$2,591 (target)

7542 NW 83rd Court, Okeechobee, FL 34972

3 beds • 2 baths • 1400 sqft

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This property might be a fair Long-Term investment with a projected 0.9% first-year return on $71,736 initial cash invested.

0.9%

Cash On Cash

6.61%

Cap Rate

1.11

DSCR

$2,591

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,591 income − $2,537 expenses = $54 cash flow

Income$2,591Mortgage P&I$1,69866%Property Taxes$442%Insurance$1215%Management$25910%CapEx$1305%Vacancy$1556%Maintenance$1305%Cash Flow$54

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,736

Downpayment

20%

$68,320

Closing costs

1%

$3,416

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,591

Total Expenses

$2,537

Mortgage P&I

66%

$1,698

Property Taxes

2%

$44

Home Insurance

5%

$121

HOA

0%

$0

Property Management

10%

$259

CapEx

5%

$130

Vacancy

6%

$155

Maintenance

5%

$130

Other

0%

$0

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