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1427 Patriot Dr, Melbourne, FL 32940

3 beds • 2 baths • 2016 sqft

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This property could be a profitable Airbnb investment with a projected 13.36% first-year return on $79,467 initial cash invested.

13.36%

Cash On Cash

10.4%

Cap Rate

1.77

DSCR

$5,458

Rent

$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,467

Downpayment

20%

$58,540

Closing costs

1%

$2,927

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,458

Total Expenses

$4,573

Mortgage P&I

26%

$1,434

Property Taxes

8%

$415

Home Insurance

2%

$105

HOA

0%

$0

Property Management

15%

$819

CapEx

4%

$218

Vacancy

0%

$0

Maintenance

4%

$218

Other

25%

$1,364

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