REI Lense

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$2,077 (target)

1415 SW 16th Ct Court SW, Vero Beach, FL 32962

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -4.21% first-year return on $54,495 initial cash invested.

-4.21%

Cash On Cash

5.73%

Cap Rate

0.93

DSCR

$2,077

Rent

-$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,077 income − $2,268 expenses = $191 out of pocket

Income$2,077Out of Pocket$191Mortgage P&I$1,32664%Property Taxes$30815%Insurance$934%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,077

Total Expenses

$2,268

Mortgage P&I

64%

$1,326

Property Taxes

15%

$308

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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