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$3,704 (target)

6101 BALSAM Drive, Fort Pierce, FL 34982

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $90,450 initial cash invested.

2.08%

Cash On Cash

7.26%

Cap Rate

1.17

DSCR

$3,704

Rent

$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,704 income − $3,547 expenses = $157 cash flow

Income$3,704Mortgage P&I$1,78348%Property Taxes$38510%Insurance$1213%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$157

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,704

Total Expenses

$3,547

Mortgage P&I

48%

$1,783

Property Taxes

10%

$385

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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