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$3,368 (target)

6055 7TH Place, Vero Beach, FL 32968

3 beds • 2 baths • 1331 sqft

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This property could be a profitable Mid-Term investment with a projected 12.52% first-year return on $69,387 initial cash invested.

12.52%

Cash On Cash

10.74%

Cap Rate

1.64

DSCR

$3,368

Rent

$724

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $2,644 expenses = $724 cash flow

Income$3,368Mortgage P&I$1,33240%Property Taxes$792%Insurance$883%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$724

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,387

Downpayment

20%

$48,940

Closing costs

1%

$2,447

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,368

Total Expenses

$2,644

Mortgage P&I

40%

$1,332

Property Taxes

2%

$79

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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