REI Lense

REI Lense

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$2,271 (target)

2755 6TH Place, Vero Beach, FL 32968

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Long-Term investment with a projected -4.18% first-year return on $65,415 initial cash invested.

-4.18%

Cash On Cash

5.93%

Cap Rate

0.93

DSCR

$2,271

Rent

-$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,271 income − $2,499 expenses = $228 out of pocket

Income$2,271Out of Pocket$228Mortgage P&I$1,65473%Property Taxes$1406%Insurance$1145%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,415

Downpayment

20%

$62,300

Closing costs

1%

$3,115

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,271

Total Expenses

$2,499

Mortgage P&I

73%

$1,654

Property Taxes

6%

$140

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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