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2820 Treasure Cay Ln, Melbourne, FL 32940

3 beds • 2 baths • 1565 sqft

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This property looks like a bad Airbnb investment with a projected -3.36% first-year return on $91,899 initial cash invested.

-3.36%

Cash On Cash

5.81%

Cap Rate

0.96

DSCR

$4,787

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,787 income − $5,044 expenses = $257 out of pocket

Income$4,787Out of Pocket$257Mortgage P&I$1,76937%Property Taxes$3898%Insurance$1243%HOA$46510%Management$71815%CapEx$1914%Maintenance$1914%Other$1,19725%

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,899

Downpayment

20%

$70,380

Closing costs

1%

$3,519

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,787

Total Expenses

$5,044

Mortgage P&I

37%

$1,769

Property Taxes

8%

$389

Home Insurance

3%

$124

HOA

10%

$465

Property Management

15%

$718

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,197

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