OFF_MARKETRisky Deal74 days on market
2571 Vernon Dr NE
2571 Vernon Dr NE, Palm Bay, FL 32905, Palm Bay, FL 32905
2571 Vernon Dr NE, Palm Bay, FL 32905
Loc: Palm Bay, FL
Days Listed
74
Tax Assessed
$199k
Zestimate®
$420k
Market Rate
Lot Size
0.38 acres
Rent Estimate
$1,787/mo
Est. Cash Flow base
Type
multi family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.70%
Total ROI
8.1%
Cash Flow
$-840/mo
DSCR
0.61
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10-Year Price Projection
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $425,000Rent Basis: Observed Comp Model ($1,787/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $213/mo
Haven ScoreRisky
0/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
2.83%
NOI: $12,006/yr
Cash-on-Cash Yield
-14.8%
On $97,750 invested
DSCR Ratio
0.45x
Negative debt coverage
5-Yr Leveraged ROI
+20.3%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.98% of basis)-$162/mo
Homeowner / Hazard Insurance-$213/mo
Vacancy Reserve (5% of rent)-$89/mo
Repairs & Maintenance (10% of rent)-$179/mo
Property Management (8% of rent)-$143/mo
Total Pure Operating Expenses-$786/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,787/mo
Less: Operating Expenses-$786/mo
Net Operating Income (NOI)+$1,001/mo
Less: Debt Service (30yr @ 6.75%)-$2,205/mo
Net Cash Flow
$-1,205/mo
$-14,456/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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