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$5,398 (target)

875 28TH Avenue, Vero Beach, FL 32960

3 beds • 2 baths • 1915 sqft

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This property could be a profitable Mid-Term investment with a projected 15.81% first-year return on $99,879 initial cash invested.

15.81%

Cash On Cash

10.72%

Cap Rate

1.79

DSCR

$5,398

Rent

$1,316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,398 income − $4,082 expenses = $1,316 cash flow

Income$5,398Mortgage P&I$1,95136%Property Taxes$1593%Insurance$1363%Management$64812%CapEx$2164%Vacancy$1623%Maintenance$2164%Other$59411%Cash Flow$1,316

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,398

Total Expenses

$4,082

Mortgage P&I

36%

$1,951

Property Taxes

3%

$159

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$648

CapEx

4%

$216

Vacancy

3%

$162

Maintenance

4%

$216

Other

11%

$594

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