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$3,166 (target)

317 Dartmouth Ave, Melbourne, FL 32901

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $83,457 initial cash invested.

1.34%

Cash On Cash

6.88%

Cap Rate

1.14

DSCR

$3,166

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,166 income − $3,073 expenses = $93 cash flow

Income$3,166Mortgage P&I$1,56749%Property Taxes$31510%Insurance$1144%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$93

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,457

Downpayment

20%

$62,340

Closing costs

1%

$3,117

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,166

Total Expenses

$3,073

Mortgage P&I

49%

$1,567

Property Taxes

10%

$315

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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