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$2,955 (target)

1296 Stone St NW, Palm Bay, FL 32907

3 beds • 2 baths • 1858 sqft

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This property might be a fair Mid-Term investment with a projected 1.26% first-year return on $77,955 initial cash invested.

1.26%

Cash On Cash

6.86%

Cap Rate

1.14

DSCR

$2,955

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,955 income − $2,873 expenses = $82 cash flow

Income$2,955Mortgage P&I$1,43348%Property Taxes$34612%Insurance$893%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$82

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,955

Downpayment

20%

$57,100

Closing costs

1%

$2,855

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,955

Total Expenses

$2,873

Mortgage P&I

48%

$1,433

Property Taxes

12%

$346

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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