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$3,406 (target)

2755 6TH Place, Vero Beach, FL 32968

3 beds • 2 baths • 1524 sqft

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This property might be a fair Mid-Term investment with a projected 4.89% first-year return on $83,415 initial cash invested.

4.89%

Cash On Cash

8.21%

Cap Rate

1.29

DSCR

$3,406

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,406 income − $3,066 expenses = $340 cash flow

Income$3,406Mortgage P&I$1,65449%Property Taxes$1404%Insurance$1143%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$340

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,415

Downpayment

20%

$62,300

Closing costs

1%

$3,115

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,406

Total Expenses

$3,066

Mortgage P&I

49%

$1,654

Property Taxes

4%

$140

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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