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$2,912 (target)

1636 20th Place SW, Vero Beach, FL 32962

3 beds • 2 baths • 1016 sqft

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This property might be a fair Mid-Term investment with a projected 1.2% first-year return on $78,732 initial cash invested.

1.2%

Cash On Cash

7.04%

Cap Rate

1.13

DSCR

$2,912

Rent

$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $2,833 expenses = $79 cash flow

Income$2,912Mortgage P&I$1,50252%Property Taxes$2408%Insurance$1034%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$79

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,732

Downpayment

20%

$57,840

Closing costs

1%

$2,892

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,912

Total Expenses

$2,833

Mortgage P&I

52%

$1,502

Property Taxes

8%

$240

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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