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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 -5.95% first-year return on $91,710 initial cash invested.

-5.95%

Cash On Cash

4.92%

Cap Rate

0.82

DSCR

$3,490

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,490 income − $3,945 expenses = $455 out of pocket

Income$3,490Out of Pocket$455Mortgage P&I$1,75350%Property Taxes$38711%Insurance$1294%Management$52415%CapEx$1404%Maintenance$1404%Other$87225%

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

$3,490

Total Expenses

$3,945

Mortgage P&I

50%

$1,753

Property Taxes

11%

$387

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$524

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$872

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