REI Lense

REI Lense

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$2,956 (target)

255 Coral Dr, Melbourne, FL 32935

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Mid-Term investment with a projected -0.38% first-year return on $91,878 initial cash invested.

-0.38%

Cash On Cash

6.28%

Cap Rate

1.05

DSCR

$2,956

Rent

-$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,878

Downpayment

20%

$70,360

Closing costs

1%

$3,518

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,956

Total Expenses

$2,985

Mortgage P&I

59%

$1,753

Property Taxes

3%

$98

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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