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$5,034 (target)

113 Margarita Rd, Melbourne Beach, FL 32951

3 beds • 2 baths • 1436 sqft

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This property looks like a bad Mid-Term investment with a projected -6.34% first-year return on $161k initial cash invested.

-6.34%

Cash On Cash

4.89%

Cap Rate

0.81

DSCR

$5,034

Rent

-$853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,034 income − $5,887 expenses = $853 out of pocket

Income$5,034Out of Pocket$853Mortgage P&I$3,43668%Property Taxes$4789%Insurance$2545%HOA$8Management$60412%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55411%

Investment Breakdown

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Purchase Price

$683k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$137k

Closing costs

1%

$6,829

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,034

Total Expenses

$5,887

Mortgage P&I

68%

$3,436

Property Taxes

10%

$478

Home Insurance

5%

$254

HOA

0%

$8

Property Management

12%

$604

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$554

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