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$6,202 (target)

7611 SW 21st Parkway, Okeechobee, FL 34974

3 beds • 4 baths • 3578 sqft

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This property looks like a bad Mid-Term investment with a projected -4.26% first-year return on $192k initial cash invested.

-4.26%

Cash On Cash

5.28%

Cap Rate

0.89

DSCR

$6,202

Rent

-$682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,202 income − $6,884 expenses = $682 out of pocket

Income$6,202Out of Pocket$682Mortgage P&I$4,08866%Property Taxes$3986%Insurance$2905%Management$74412%CapEx$2484%Vacancy$1863%Maintenance$2484%Other$68211%

Investment Breakdown

|

Purchase Price

$830k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$166k

Closing costs

1%

$8,300

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,202

Total Expenses

$6,884

Mortgage P&I

66%

$4,088

Property Taxes

6%

$398

Home Insurance

5%

$290

HOA

0%

$0

Property Management

12%

$744

CapEx

4%

$248

Vacancy

3%

$186

Maintenance

4%

$248

Other

11%

$682

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