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1445 Taurus Ct, Merritt Island, FL 32953

3 beds • 2 baths • 1639 sqft

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This property looks like a bad Airbnb investment with a projected -9.87% first-year return on $140k initial cash invested.

-9.87%

Cash On Cash

3.88%

Cap Rate

0.66

DSCR

$4,131

Rent

-$1,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,804

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,131

Total Expenses

$5,281

Mortgage P&I

69%

$2,862

Property Taxes

5%

$226

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$620

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,033

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