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1460 Hannah Dr, Merritt Island, FL 32952

3 beds • 2 baths • 1392 sqft

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This property looks like a bad Airbnb investment with a projected -12.21% first-year return on $139k initial cash invested.

-12.21%

Cash On Cash

3.24%

Cap Rate

0.55

DSCR

$3,977

Rent

-$1,412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,977

Total Expenses

$5,389

Mortgage P&I

71%

$2,807

Property Taxes

12%

$472

Home Insurance

5%

$201

HOA

0%

$0

Property Management

15%

$597

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$994

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2

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$2,850

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5

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0.6 mi

Projection Charts

Investment Value YoY

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