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$4,536 (target)

1655 S Shelter Trl, Merritt Island, FL 32952

3 beds • 2 baths • 1630 sqft

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This property looks like a bad Mid-Term investment with a projected -4.62% first-year return on $136k initial cash invested.

-4.62%

Cash On Cash

5.4%

Cap Rate

0.88

DSCR

$4,536

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,536 income − $5,058 expenses = $522 out of pocket

Income$4,536Out of Pocket$522Mortgage P&I$2,86263%Property Taxes$45910%Insurance$1964%Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49911%

Investment Breakdown

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Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,536

Total Expenses

$5,058

Mortgage P&I

63%

$2,862

Property Taxes

10%

$459

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$499

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