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$3,881 (target)

1871 Thesy Dr, Melbourne, FL 32940

3 beds • 2 baths • 2782 sqft

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This property looks like a bad Long-Term investment with a projected -6.77% first-year return on $125k initial cash invested.

-6.77%

Cash On Cash

4.91%

Cap Rate

0.83

DSCR

$3,881

Rent

-$707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,881 income − $4,588 expenses = $707 out of pocket

Income$3,881Out of Pocket$707Mortgage P&I$2,95576%Property Taxes$3619%Insurance$2196%HOA$441%Management$38810%CapEx$1945%Vacancy$2336%Maintenance$1945%

Investment Breakdown

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Purchase Price

$597k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,966

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,881

Total Expenses

$4,588

Mortgage P&I

76%

$2,955

Property Taxes

9%

$361

Home Insurance

6%

$219

HOA

1%

$44

Property Management

10%

$388

CapEx

5%

$194

Vacancy

6%

$233

Maintenance

5%

$194

Other

0%

$0

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