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$5,138 (target)

1845 Hidden Lake Dr, Rockledge, FL 32955

3 beds • 3 baths • 2023 sqft

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This property looks like a bad Mid-Term investment with a projected -6.88% first-year return on $182k initial cash invested.

-6.88%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$5,138

Rent

-$1,042

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,138 income − $6,180 expenses = $1,042 out of pocket

Income$5,138Out of Pocket$1,042Mortgage P&I$3,90276%Property Taxes$2575%Insurance$2735%Management$61712%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56511%

Investment Breakdown

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Purchase Price

$780k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$156k

Closing costs

1%

$7,800

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,138

Total Expenses

$6,180

Mortgage P&I

76%

$3,902

Property Taxes

5%

$257

Home Insurance

5%

$273

HOA

0%

$0

Property Management

12%

$617

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$565

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