REI Lense

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$3,716 (target)

2424 1ST Place SW, Vero Beach, FL 32962

3 beds • 2 baths • 1325 sqft

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This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $89,190 initial cash invested.

1.84%

Cash On Cash

7.56%

Cap Rate

1.15

DSCR

$3,716

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,716 income − $3,579 expenses = $137 cash flow

Income$3,716Mortgage P&I$1,85050%Property Taxes$3469%Insurance$1193%Management$44612%CapEx$1494%Vacancy$1113%Maintenance$1494%Other$40911%Cash Flow$137

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,716

Total Expenses

$3,579

Mortgage P&I

50%

$1,850

Property Taxes

9%

$346

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$111

Maintenance

4%

$149

Other

11%

$409

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