Zip Code 33854Lake Wales, FL

🟢STRONGexcellent cash flow market

Cap Rate

13.7%

Monthly Cash Flow

+$549

Median Home Price

$90,121

DSCR

2.14

🏠 Fair Market Rents

Studio
$840/mo
1 Bedroom
$850/mo
2 Bedroom
$1,050/mo
3 Bedroom
$1,410/mo
4 Bedroom
$1,780/mo

📊 Investment Metrics

Cap Rate
13.7%
Cash-on-Cash Return
31.8%
Price-to-Rent Ratio
5.3
1% Rule
1.56%
Gross Rent Multiplier
5.3
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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