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$3,776 (target)

1340 S Wickham Rd, West Melbourne, FL 32904

3 beds • 2 baths • 2701 sqft

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This property looks like a bad Mid-Term investment with a projected -12.24% first-year return on $170k initial cash invested.

-12.24%

Cash On Cash

3.29%

Cap Rate

0.56

DSCR

$3,776

Rent

-$1,737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,776 income − $5,513 expenses = $1,737 out of pocket

Income$3,776Out of Pocket$1,737Mortgage P&I$3,57595%Property Taxes$40111%Insurance$2547%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,776

Total Expenses

$5,513

Mortgage P&I

95%

$3,575

Property Taxes

11%

$401

Home Insurance

7%

$254

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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