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$3,172 (target)

11470 S Tropical Trl, Merritt Island, FL 32952

3 beds • 3 baths • 2088 sqft

$1,314,800

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This property looks like a bad Long-Term investment with a projected -22.83% first-year return on $276k initial cash invested.

-22.83%

Cash On Cash

1.47%

Cap Rate

0.24

DSCR

$3,172

Rent

-$5,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,172 income − $8,426 expenses = $5,254 out of pocket

Income$3,172Out of Pocket$5,254Mortgage P&I$6,704211%Property Taxes$40713%Insurance$49015%Management$31710%CapEx$1595%Vacancy$1906%Maintenance$1595%

Investment Breakdown

|

Purchase Price

$1315k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$276k

Downpayment

20%

$263k

Closing costs

1%

$13,148

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,172

Total Expenses

$8,426

Mortgage P&I

211%

$6,704

Property Taxes

13%

$407

Home Insurance

15%

$490

HOA

0%

$0

Property Management

10%

$317

CapEx

5%

$159

Vacancy

6%

$190

Maintenance

5%

$159

Other

0%

$0

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