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$10,916 (target)

5670 23rd St SW, Vero Beach, FL 32968

3 beds • 3 baths • 3300 sqft

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This property could be a profitable Mid-Term investment with a projected 14.79% first-year return on $190k initial cash invested.

14.79%

Cash On Cash

10.16%

Cap Rate

1.67

DSCR

$10,916

Rent

$2,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,916 income − $8,571 expenses = $2,345 cash flow

Income$10,916Mortgage P&I$4,16238%Property Taxes$2793%Insurance$3763%HOA$42Management$1,31012%CapEx$4374%Vacancy$3273%Maintenance$4374%Other$1,20111%Cash Flow$2,345

Investment Breakdown

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Purchase Price

$821k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$190k

Downpayment

20%

$164k

Closing costs

1%

$8,205

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$10,916

Total Expenses

$8,571

Mortgage P&I

38%

$4,162

Property Taxes

3%

$279

Home Insurance

3%

$376

HOA

0%

$42

Property Management

12%

$1,310

CapEx

4%

$437

Vacancy

3%

$327

Maintenance

4%

$437

Other

11%

$1,201

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