REI Lense

REI Lense

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$2,436 (target)

5605 38TH Street, Vero Beach, FL 32966

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -1.06% first-year return on $69,279 initial cash invested.

-1.06%

Cash On Cash

6.34%

Cap Rate

1.04

DSCR

$2,436

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,436 income − $2,497 expenses = $61 out of pocket

Income$2,436Out of Pocket$61Mortgage P&I$1,68269%Property Taxes$653%Insurance$1165%Management$24410%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,436

Total Expenses

$2,497

Mortgage P&I

69%

$1,682

Property Taxes

3%

$65

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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