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$3,404 (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 Long-Term investment with a projected -22.01% first-year return on $263k initial cash invested.

-22.01%

Cash On Cash

1.62%

Cap Rate

0.27

DSCR

$3,404

Rent

-$4,814

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,404 income − $8,218 expenses = $4,814 out of pocket

Income$3,404Out of Pocket$4,814Mortgage P&I$6,329186%Property Taxes$46714%Insurance$43813%HOA$1003%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

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Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$263k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,404

Total Expenses

$8,218

Mortgage P&I

186%

$6,329

Property Taxes

14%

$467

Home Insurance

13%

$438

HOA

3%

$100

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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