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$4,758 (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 Mid-Term investment with a projected -18.2% first-year return on $294k initial cash invested.

-18.2%

Cash On Cash

2.22%

Cap Rate

0.36

DSCR

$4,758

Rent

-$4,460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,758 income − $9,218 expenses = $4,460 out of pocket

Income$4,758Out of Pocket$4,460Mortgage P&I$6,704141%Property Taxes$4079%Insurance$49010%Management$57112%CapEx$1904%Vacancy$1433%Maintenance$1904%Other$52311%

Investment Breakdown

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Purchase Price

$1315k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$294k

Downpayment

20%

$263k

Closing costs

1%

$13,148

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,758

Total Expenses

$9,218

Mortgage P&I

141%

$6,704

Property Taxes

9%

$407

Home Insurance

10%

$490

HOA

0%

$0

Property Management

12%

$571

CapEx

4%

$190

Vacancy

3%

$143

Maintenance

4%

$190

Other

11%

$523

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