REI Lense

REI Lense

Unlock all features! Tap here to upgrade

186 23rd Avenue, Vero Beach, FL 32962

4 beds • 2 baths • 1425 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.23% first-year return on $123k initial cash invested.

-7.23%

Cash On Cash

4.62%

Cap Rate

0.76

DSCR

$4,444

Rent

-$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,444 income − $5,182 expenses = $738 out of pocket

Income$4,444Out of Pocket$738Mortgage P&I$2,36753%Property Taxes$51011%Insurance$1714%Management$66715%CapEx$1784%Maintenance$1784%Other$1,11125%

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$93,860

Closing costs

1%

$4,693

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$4,444

Total Expenses

$5,182

Mortgage P&I

53%

$2,367

Property Taxes

11%

$510

Home Insurance

4%

$171

HOA

0%

$0

Property Management

15%

$667

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,111

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

It’s 5 o’clock somewhere !

$5,637

$261

4

2

0.28 mi

The Garden House

$4,384

$203

4

2

0.35 mi

Vero Oasis W/ Pool & Hot-tub, Minutes to Beaches!

$4,859

$225

4

2

0.39 mi

Heated Pool w/ No Fee! Vero Beach Oasis Near Ocean

$7,083

$328

4

3

0.53 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis