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1490 Goldrush Ave, Melbourne, FL 32940

3 beds • 2 baths • 1971 sqft

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This property might be a fair Long-Term investment with a projected 0.49% first-year return on $70,728 initial cash invested.

0.49%

Cash On Cash

6.34%

Cap Rate

1.1

DSCR

$2,640

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,728

Downpayment

20%

$67,360

Closing costs

1%

$3,368

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,640

Total Expenses

$2,611

Mortgage P&I

61%

$1,619

Property Taxes

7%

$184

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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