REI Lense

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$6,099 (target)

6455 36th Lane, Vero Beach, FL 32966

3 beds • 3 baths • 2436 sqft

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This property might be a fair Mid-Term investment with a projected 8.51% first-year return on $125k initial cash invested.

8.51%

Cash On Cash

8.59%

Cap Rate

1.45

DSCR

$6,099

Rent

$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,099 income − $5,214 expenses = $885 cash flow

Income$6,099Mortgage P&I$2,50741%Property Taxes$2494%Insurance$1843%HOA$2003%Management$73212%CapEx$2444%Vacancy$1833%Maintenance$2444%Other$67111%Cash Flow$885

Investment Breakdown

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Purchase Price

$508k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,082

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,099

Total Expenses

$5,214

Mortgage P&I

41%

$2,507

Property Taxes

4%

$249

Home Insurance

3%

$184

HOA

3%

$200

Property Management

12%

$732

CapEx

4%

$244

Vacancy

3%

$183

Maintenance

4%

$244

Other

11%

$671

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