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7611 SW 21st Parkway, Okeechobee, FL 34974

3 beds • 4 baths • 3578 sqft

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This property looks like a bad Airbnb investment with a projected -23.43% first-year return on $192k initial cash invested.

-23.43%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$1,967

Rent

-$3,754

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,967 income − $5,721 expenses = $3,754 out of pocket

Income$1,967Out of Pocket$3,754Mortgage P&I$4,088208%Property Taxes$39820%Insurance$29015%Management$29515%CapEx$794%Maintenance$794%Other$49225%

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

$1,967

Total Expenses

$5,721

Mortgage P&I

208%

$4,088

Property Taxes

20%

$398

Home Insurance

15%

$290

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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