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$6,093 (target)

104 Mohican Way, Melbourne Beach, FL 32951

3 beds • 3 baths • 2002 sqft

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This property looks like a bad Mid-Term investment with a projected -0.77% first-year return on $157k initial cash invested.

-0.77%

Cash On Cash

6.6%

Cap Rate

1.04

DSCR

$6,093

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,093 income − $6,193 expenses = $100 out of pocket

Income$6,093Out of Pocket$100Mortgage P&I$3,48657%Property Taxes$4047%Insurance$2314%Management$73112%CapEx$2444%Vacancy$1833%Maintenance$2444%Other$67011%

Investment Breakdown

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Purchase Price

$660k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$132k

Closing costs

1%

$6,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,093

Total Expenses

$6,193

Mortgage P&I

57%

$3,486

Property Taxes

7%

$404

Home Insurance

4%

$231

HOA

0%

$0

Property Management

12%

$731

CapEx

4%

$244

Vacancy

3%

$183

Maintenance

4%

$244

Other

11%

$670

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