REI Lense

REI Lense

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$4,294 (target)

2026 7th Court SW, Vero Beach, FL 32962

3 beds • 2 baths • 1556 sqft

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This property might be a fair Mid-Term investment with a projected 5.87% first-year return on $94,881 initial cash invested.

5.87%

Cash On Cash

8.07%

Cap Rate

1.35

DSCR

$4,294

Rent

$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,881

Downpayment

20%

$73,220

Closing costs

1%

$3,661

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,294

Total Expenses

$3,830

Mortgage P&I

43%

$1,825

Property Taxes

8%

$355

Home Insurance

3%

$131

HOA

1%

$59

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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