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$3,864 (target)

3175 Constellation Dr, Melbourne, FL 32940

3 beds • 2 baths • 1926 sqft

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This property looks like a bad Mid-Term investment with a projected -2.48% first-year return on $112k initial cash invested.

-2.48%

Cash On Cash

5.71%

Cap Rate

0.97

DSCR

$3,864

Rent

-$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,864 income − $4,095 expenses = $231 out of pocket

Income$3,864Out of Pocket$231Mortgage P&I$2,20557%Property Taxes$3499%Insurance$1664%HOA$602%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%

Investment Breakdown

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Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,440

Closing costs

1%

$4,472

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,864

Total Expenses

$4,095

Mortgage P&I

57%

$2,205

Property Taxes

9%

$349

Home Insurance

4%

$166

HOA

2%

$60

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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