REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,277 (target)

5670 23rd St SW, Vero Beach, FL 32968

3 beds • 3 baths • 3300 sqft

Email

This property might be a fair Long-Term investment with a projected 3.66% first-year return on $172k initial cash invested.

3.66%

Cash On Cash

7.39%

Cap Rate

1.21

DSCR

$7,277

Rent

$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,277 income − $6,752 expenses = $525 cash flow

Income$7,277Mortgage P&I$4,16257%Property Taxes$2794%Insurance$3765%HOA$421%Management$72810%CapEx$3645%Vacancy$4376%Maintenance$3645%Cash Flow$525

Investment Breakdown

|

Purchase Price

$821k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$164k

Closing costs

1%

$8,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,277

Total Expenses

$6,752

Mortgage P&I

57%

$4,162

Property Taxes

4%

$279

Home Insurance

5%

$376

HOA

1%

$42

Property Management

10%

$728

CapEx

5%

$364

Vacancy

6%

$437

Maintenance

5%

$364

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis