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6901 Salerno Road, Fort Pierce, FL 34951

3 beds • 3 baths • 1998 sqft

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This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $87,678 initial cash invested.

4.78%

Cash On Cash

7.57%

Cap Rate

1.3

DSCR

$3,420

Rent

$349

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

$87,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,420

Total Expenses

$3,071

Mortgage P&I

47%

$1,608

Property Taxes

6%

$202

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$376

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