REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,598 (target)

195 River Dr, Melbourne Beach, FL 32951

3 beds • 4 baths • 2518 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $158k initial cash invested.

0.61%

Cash On Cash

6.66%

Cap Rate

1.1

DSCR

$6,598

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,598 income − $6,518 expenses = $80 cash flow

Income$6,598Mortgage P&I$3,34451%Property Taxes$68910%Insurance$2414%Management$79212%CapEx$2644%Vacancy$1983%Maintenance$2644%Other$72611%Cash Flow$80

Investment Breakdown

|

Purchase Price

$665k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,647

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,598

Total Expenses

$6,518

Mortgage P&I

51%

$3,344

Property Taxes

10%

$689

Home Insurance

4%

$241

HOA

0%

$0

Property Management

12%

$792

CapEx

4%

$264

Vacancy

3%

$198

Maintenance

4%

$264

Other

11%

$726

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis