Zip Code 33854 โ€” Lake Wales, FL

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

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, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’