REI Lense

REI Lense

Unlock all features! Tap here to upgrade

306 Hailwood Dr, Melbourne, FL 32901

3 beds • 2 baths • 1756 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.44% first-year return on $91,710 initial cash invested.

-5.44%

Cash On Cash

5.06%

Cap Rate

0.84

DSCR

$3,566

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,566 income − $3,982 expenses = $416 out of pocket

Income$3,566Out of Pocket$416Mortgage P&I$1,75349%Property Taxes$38711%Insurance$1294%Management$53515%CapEx$1434%Maintenance$1434%Other$89225%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,710

Downpayment

20%

$70,200

Closing costs

1%

$3,510

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,566

Total Expenses

$3,982

Mortgage P&I

49%

$1,753

Property Taxes

11%

$387

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$892

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis