REI Lense

REI Lense

Unlock all features! Tap here to upgrade

109 39th Drive, Vero Beach, FL 32968

3 beds • 2 baths • 2006 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.3% first-year return on $122k initial cash invested.

-10.3%

Cash On Cash

3.88%

Cap Rate

0.64

DSCR

$4,084

Rent

-$1,048

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,084 income − $5,132 expenses = $1,048 out of pocket

Income$4,084Out of Pocket$1,048Mortgage P&I$2,48661%Property Taxes$47712%Insurance$1845%HOA$251%Management$61315%CapEx$1634%Maintenance$1634%Other$1,02125%

Investment Breakdown

|

Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,140

Closing costs

1%

$4,957

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,084

Total Expenses

$5,132

Mortgage P&I

61%

$2,486

Property Taxes

12%

$477

Home Insurance

5%

$184

HOA

1%

$25

Property Management

15%

$613

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,021

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis