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$4,734 (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 Mid-Term investment with a projected -23.47% first-year return on $249k initial cash invested.

-23.47%

Cash On Cash

1.04%

Cap Rate

0.17

DSCR

$4,734

Rent

-$4,871

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,734 income − $9,605 expenses = $4,871 out of pocket

Income$4,734Out of Pocket$4,871Mortgage P&I$5,631119%Property Taxes$1,98042%Insurance$3858%Management$56812%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$52111%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,734

Total Expenses

$9,605

Mortgage P&I

119%

$5,631

Property Taxes

42%

$1,980

Home Insurance

8%

$385

HOA

0%

$0

Property Management

12%

$568

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$521

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