REI Lense

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$1,953 (target)

1516 Autumn Woods Dr, Melbourne, FL 32935

3 beds • 2 baths • 1257 sqft

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This property looks like a bad Long-Term investment with a projected -7.68% first-year return on $56,091 initial cash invested.

-7.68%

Cash On Cash

4.85%

Cap Rate

0.81

DSCR

$1,953

Rent

-$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $2,312 expenses = $359 out of pocket

Income$1,953Out of Pocket$359Mortgage P&I$1,34169%Property Taxes$36619%Insurance$975%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,091

Downpayment

20%

$53,420

Closing costs

1%

$2,671

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,953

Total Expenses

$2,312

Mortgage P&I

69%

$1,341

Property Taxes

19%

$366

Home Insurance

5%

$97

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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