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$5,106 (target)

2165 SE 7th Ave Avenue SE, Vero Beach, FL 32962

3 beds • 3 baths • 2727 sqft

$1,250,000

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This property looks like a bad Mid-Term investment with a projected -16.96% first-year return on $281k initial cash invested.

-16.96%

Cash On Cash

2.47%

Cap Rate

0.41

DSCR

$5,106

Rent

-$3,964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,106 income − $9,070 expenses = $3,964 out of pocket

Income$5,106Out of Pocket$3,964Mortgage P&I$6,329124%Property Taxes$4679%Insurance$4389%HOA$1002%Management$61312%CapEx$2044%Vacancy$1533%Maintenance$2044%Other$56211%

Investment Breakdown

|

Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,106

Total Expenses

$9,070

Mortgage P&I

124%

$6,329

Property Taxes

9%

$467

Home Insurance

9%

$438

HOA

2%

$100

Property Management

12%

$613

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$562

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