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$2,990 (target)

2996 Conifer Drive, Fort Pierce, FL 34951

3 beds • 4 baths • 2255 sqft

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This property might be a fair Long-Term investment with a projected 2.14% first-year return on $61,677 initial cash invested.

2.14%

Cash On Cash

7.02%

Cap Rate

1.18

DSCR

$2,990

Rent

$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,990 income − $2,880 expenses = $110 cash flow

Income$2,990Mortgage P&I$1,45849%Property Taxes$2398%Insurance$1054%HOA$30010%Management$29910%CapEx$1505%Vacancy$1796%Maintenance$1505%Cash Flow$110

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,677

Downpayment

20%

$58,740

Closing costs

1%

$2,937

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,990

Total Expenses

$2,880

Mortgage P&I

49%

$1,458

Property Taxes

8%

$239

Home Insurance

4%

$105

HOA

10%

$300

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$179

Maintenance

5%

$150

Other

0%

$0

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