REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1687 Garden Ave, Melbourne, FL 32934

3 beds • 2 baths • 1807 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.59% first-year return on $128k initial cash invested.

-2.59%

Cash On Cash

5.54%

Cap Rate

0.96

DSCR

$4,082

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,230

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,082

Total Expenses

$4,358

Mortgage P&I

62%

$2,528

Property Taxes

6%

$251

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$490

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$449

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis