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306 Hailwood Dr, Melbourne, FL 32901

3 beds • 2 baths • 1756 sqft

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This property looks like a bad Airbnb investment with a projected -5.46% first-year return on $91,710 initial cash invested.

-5.46%

Cash On Cash

5.05%

Cap Rate

0.84

DSCR

$3,560

Rent

-$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,560 income − $3,977 expenses = $417 out of pocket

Income$3,560Out of Pocket$417Mortgage P&I$1,75349%Property Taxes$38711%Insurance$1294%Management$53415%CapEx$1424%Maintenance$1424%Other$89025%

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

$3,560

Total Expenses

$3,977

Mortgage P&I

49%

$1,753

Property Taxes

11%

$387

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$534

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$890

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