REI Lense

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$4,904 (target)

7607 Monclair Court, Lake Worth, FL 33467

3 beds • 2 baths • 2201 sqft

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This property looks like a bad Mid-Term investment with a projected -2.59% first-year return on $136k initial cash invested.

-2.59%

Cash On Cash

5.67%

Cap Rate

0.96

DSCR

$4,904

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,904 income − $5,198 expenses = $294 out of pocket

Income$4,904Out of Pocket$294Mortgage P&I$2,75656%Property Taxes$4118%Insurance$2004%HOA$1653%Management$58812%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$53911%

Investment Breakdown

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Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,630

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,904

Total Expenses

$5,198

Mortgage P&I

56%

$2,756

Property Taxes

8%

$411

Home Insurance

4%

$200

HOA

3%

$165

Property Management

12%

$588

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$539

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