REI Lense

REI Lense

Unlock all features! Tap here to upgrade

224 SW 16th Pl Place SW, Vero Beach, FL 32962

3 beds • 2 baths • 1124 sqft

Email

This property might be a fair Airbnb investment with a projected 2.68% first-year return on $80,538 initial cash invested.

2.68%

Cash On Cash

7.23%

Cap Rate

1.23

DSCR

$3,795

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,795 income − $3,615 expenses = $180 cash flow

Income$3,795Mortgage P&I$1,46239%Property Taxes$2266%Insurance$1053%Management$56915%CapEx$1524%Maintenance$1524%Other$94925%Cash Flow$180

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,538

Downpayment

20%

$59,560

Closing costs

1%

$2,978

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,795

Total Expenses

$3,615

Mortgage P&I

39%

$1,462

Property Taxes

6%

$226

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$569

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$949

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis