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$4,480 (target)

3008 Pangea Cir, Melbourne, FL 32940

3 beds • 2 baths • 1917 sqft

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This property looks like a bad Mid-Term investment with a projected -13.82% first-year return on $156k initial cash invested.

-13.82%

Cash On Cash

3.59%

Cap Rate

0.55

DSCR

$4,480

Rent

-$1,795

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,480 income − $6,275 expenses = $1,795 out of pocket

Income$4,480Out of Pocket$1,795Mortgage P&I$3,57880%Property Taxes$52112%Insurance$2014%HOA$45210%Management$53812%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49311%

Investment Breakdown

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Purchase Price

$657k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,565

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,480

Total Expenses

$6,275

Mortgage P&I

80%

$3,578

Property Taxes

12%

$521

Home Insurance

4%

$201

HOA

10%

$452

Property Management

12%

$538

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$493

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