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2087 Deercroft Dr, Melbourne, FL 32940

3 beds • 2 baths • 1506 sqft

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This property might be a fair Airbnb investment with a projected 1.65% first-year return on $97,401 initial cash invested.

1.65%

Cash On Cash

6.96%

Cap Rate

1.18

DSCR

$4,949

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,401

Downpayment

20%

$75,620

Closing costs

1%

$3,781

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,949

Total Expenses

$4,815

Mortgage P&I

38%

$1,862

Property Taxes

8%

$409

Home Insurance

3%

$136

HOA

1%

$33

Property Management

15%

$742

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,237

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