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1625 Sweetwood Dr, Melbourne, FL 32935

3 beds • 2 baths • 1396 sqft

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This property looks like a bad Long-Term investment with a projected -10.12% first-year return on $63,084 initial cash invested.

-10.12%

Cash On Cash

4.42%

Cap Rate

0.72

DSCR

$2,090

Rent

-$532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,084

Downpayment

20%

$60,080

Closing costs

1%

$3,004

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,090

Total Expenses

$2,622

Mortgage P&I

73%

$1,534

Property Taxes

20%

$418

Home Insurance

5%

$114

HOA

1%

$14

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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