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$6,333 (target)

5824 Pine Ridge Cir, Vero Beach, FL 32967

3 beds • 3 baths • 2735 sqft

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This property might be a fair Mid-Term investment with a projected 6.59% first-year return on $122k initial cash invested.

6.59%

Cash On Cash

8.34%

Cap Rate

1.37

DSCR

$6,333

Rent

$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,333 income − $5,665 expenses = $668 cash flow

Income$6,333Mortgage P&I$2,51040%Property Taxes$5759%Insurance$1773%HOA$2504%Management$76012%CapEx$2534%Vacancy$1903%Maintenance$2534%Other$69711%Cash Flow$668

Investment Breakdown

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Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,720

Closing costs

1%

$4,936

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,333

Total Expenses

$5,665

Mortgage P&I

40%

$2,510

Property Taxes

9%

$575

Home Insurance

3%

$177

HOA

4%

$250

Property Management

12%

$760

CapEx

4%

$253

Vacancy

3%

$190

Maintenance

4%

$253

Other

11%

$697

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