REI Lense

REI Lense

Unlock all features! Tap here to upgrade

120 Richards Rd, Melbourne Beach, FL 32951

3 beds • 3 baths • 2125 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.91% first-year return on $215k initial cash invested.

-19.91%

Cash On Cash

1.59%

Cap Rate

0.27

DSCR

$4,126

Rent

-$3,571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,126 income − $7,697 expenses = $3,571 out of pocket

Income$4,126Out of Pocket$3,571Mortgage P&I$4,650113%Property Taxes$73718%Insurance$3298%Management$61915%CapEx$1654%Maintenance$1654%Other$1,03225%

Investment Breakdown

|

Purchase Price

$939k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$215k

Downpayment

20%

$188k

Closing costs

1%

$9,390

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,126

Total Expenses

$7,697

Mortgage P&I

113%

$4,650

Property Taxes

18%

$737

Home Insurance

8%

$329

HOA

0%

$0

Property Management

15%

$619

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,032

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis