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2857 W Eau Gallie Blvd, Melbourne, FL 32935

3 beds • 2 baths • 960 sqft

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This property could be a profitable Long-Term investment with a projected 11.92% first-year return on $34,818 initial cash invested.

11.92%

Cash On Cash

9.13%

Cap Rate

1.52

DSCR

$1,657

Rent

$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,818

Downpayment

20%

$33,160

Closing costs

1%

$1,658

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,657

Total Expenses

$1,311

Mortgage P&I

50%

$832

Property Taxes

1%

$10

Home Insurance

2%

$38

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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