Basing on the increasing evidence for the cosmological relevance of the local Hubble flow , we consider a simple analytical cosmological model for the Local Universe . This is a non-Friedmann model with a non-uniform static space-time . The major dynamical factor controlling the local expansion is the antigravity produced by the omnipresent and permanent dark energy of the cosmic vacuum ( or the cosmological constant ) . The antigravity dominates at distances larger than 1-2 Mpc from the center of the Local group . The model gives a natural explanation of the two key quantitative characteristics of the local expansion flow , which are the local Hubble constant and the velocity dispersion of the flow . The observed kinematical similarity of the local and global flows of expansion is clarified by the model . We demonstrate analytically the efficiency of the vacuum cooling mechanism that allows one to see the Hubble law so close to the Local group . Special significance is argued for the ‘ universal Hubble constant ’ H _ { V } , depending only on the vacuum density ( H _ { V } \simeq 60 km/s/Mpc ) . The model makes a number of testable predictions . It also shows unexpectedly that it is the dwarf galaxies of the local flow with the shortest distances and lowest redshifts that may be the most sensitive indicators of dark energy in our neighborhood .