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$3,654 (target)

5605 38TH Street, Vero Beach, FL 32966

3 beds • 2 baths • 1788 sqft

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This property might be a fair Mid-Term investment with a projected 7.55% first-year return on $87,279 initial cash invested.

7.55%

Cash On Cash

8.65%

Cap Rate

1.41

DSCR

$3,654

Rent

$549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,654 income − $3,105 expenses = $549 cash flow

Income$3,654Mortgage P&I$1,68246%Property Taxes$652%Insurance$1163%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$549

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,654

Total Expenses

$3,105

Mortgage P&I

46%

$1,682

Property Taxes

2%

$65

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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