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$4,485 (target)

2996 Conifer Drive, Fort Pierce, FL 34951

3 beds • 4 baths • 2255 sqft

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This property could be a profitable Mid-Term investment with a projected 12.94% first-year return on $79,677 initial cash invested.

12.94%

Cash On Cash

10.2%

Cap Rate

1.71

DSCR

$4,485

Rent

$859

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,485 income − $3,626 expenses = $859 cash flow

Income$4,485Mortgage P&I$1,45833%Property Taxes$2395%Insurance$1052%HOA$3007%Management$53812%CapEx$1794%Vacancy$1353%Maintenance$1794%Other$49311%Cash Flow$859

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,677

Downpayment

20%

$58,740

Closing costs

1%

$2,937

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,485

Total Expenses

$3,626

Mortgage P&I

33%

$1,458

Property Taxes

5%

$239

Home Insurance

2%

$105

HOA

7%

$300

Property Management

12%

$538

CapEx

4%

$179

Vacancy

3%

$135

Maintenance

4%

$179

Other

11%

$493

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