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$2,501 (target)

6701 ALEMENDRA Street, Fort Pierce, FL 34951

3 beds • 2 baths • 1812 sqft

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This property could be a profitable Long-Term investment with a projected 19.16% first-year return on $40,908 initial cash invested.

19.16%

Cash On Cash

11.25%

Cap Rate

1.74

DSCR

$2,501

Rent

$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,501 income − $1,848 expenses = $653 cash flow

Income$2,501Mortgage P&I$1,04942%Property Taxes$863%Insurance$633%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%Cash Flow$653

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,908

Downpayment

20%

$38,960

Closing costs

1%

$1,948

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,501

Total Expenses

$1,848

Mortgage P&I

42%

$1,049

Property Taxes

3%

$86

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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