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6901 Salerno Road, Fort Pierce, FL 34951

3 beds • 3 baths • 1998 sqft

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This property looks like a bad Long-Term investment with a projected -3.81% first-year return on $69,678 initial cash invested.

-3.81%

Cash On Cash

5.43%

Cap Rate

0.93

DSCR

$2,280

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,280

Total Expenses

$2,501

Mortgage P&I

71%

$1,608

Property Taxes

9%

$202

Home Insurance

4%

$98

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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