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2440 Warwick Rd, Melbourne, FL 32935

3 beds • 2 baths • 1148 sqft

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This property looks like a bad Airbnb investment with a projected -4.3% first-year return on $70,290 initial cash invested.

-4.3%

Cash On Cash

5.21%

Cap Rate

0.88

DSCR

$2,639

Rent

-$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,639 income − $2,891 expenses = $252 out of pocket

Income$2,639Out of Pocket$252Mortgage P&I$1,22847%Property Taxes$30211%Insurance$934%Management$39615%CapEx$1064%Maintenance$1064%Other$66025%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,639

Total Expenses

$2,891

Mortgage P&I

47%

$1,228

Property Taxes

11%

$302

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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