REI Lense

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$3,158 (target)

7823 SW 9th St, Okeechobee, FL 34974

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Mid-Term investment with a projected -0.82% first-year return on $93,894 initial cash invested.

-0.82%

Cash On Cash

6.23%

Cap Rate

1.03

DSCR

$3,158

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,158 income − $3,222 expenses = $64 out of pocket

Income$3,158Out of Pocket$64Mortgage P&I$1,81357%Property Taxes$2036%Insurance$1334%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,894

Downpayment

20%

$72,280

Closing costs

1%

$3,614

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,158

Total Expenses

$3,222

Mortgage P&I

57%

$1,813

Property Taxes

6%

$203

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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