REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2653 Kingsmill Ave, Melbourne, FL 32934

3 beds • 2 baths • 1858 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.69% first-year return on $81,039 initial cash invested.

-12.69%

Cash On Cash

3.45%

Cap Rate

0.6

DSCR

$2,192

Rent

-$857

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,039

Downpayment

20%

$77,180

Closing costs

1%

$3,859

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,192

Total Expenses

$3,049

Mortgage P&I

85%

$1,855

Property Taxes

21%

$463

Home Insurance

6%

$140

HOA

1%

$20

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis