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$3,156 (target)

7009 S Indian River Dr, Fort Pierce, FL 34982

3 beds • 3 baths • 0 sqft

$1,099,999

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This property looks like a bad Long-Term investment with a projected -29.41% first-year return on $231k initial cash invested.

-29.41%

Cash On Cash

0.14%

Cap Rate

0.02

DSCR

$3,156

Rent

-$5,661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,156 income − $8,817 expenses = $5,661 out of pocket

Income$3,156Out of Pocket$5,661Mortgage P&I$5,631178%Property Taxes$1,98063%Insurance$38512%Management$31610%CapEx$1585%Vacancy$1896%Maintenance$1585%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,156

Total Expenses

$8,817

Mortgage P&I

178%

$5,631

Property Taxes

63%

$1,980

Home Insurance

12%

$385

HOA

0%

$0

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$189

Maintenance

5%

$158

Other

0%

$0

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