REI Lense

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$4,113 (target)

660 26th Court, Vero Beach, FL 32962

3 beds • 2 baths • 1358 sqft

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This property might be a fair Mid-Term investment with a projected 7.37% first-year return on $93,789 initial cash invested.

7.37%

Cash On Cash

8.58%

Cap Rate

1.4

DSCR

$4,113

Rent

$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,113 income − $3,537 expenses = $576 cash flow

Income$4,113Mortgage P&I$1,84045%Property Taxes$1694%Insurance$1293%Management$49412%CapEx$1654%Vacancy$1233%Maintenance$1654%Other$45211%Cash Flow$576

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,789

Downpayment

20%

$72,180

Closing costs

1%

$3,609

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,113

Total Expenses

$3,537

Mortgage P&I

45%

$1,840

Property Taxes

4%

$169

Home Insurance

3%

$129

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$123

Maintenance

4%

$165

Other

11%

$452

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