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3212 Constellation Dr, Melbourne, FL 32940

3 beds • 3 baths • 2353 sqft

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This property looks like a bad Mid-Term investment with a projected -1.45% first-year return on $122k initial cash invested.

-1.45%

Cash On Cash

5.95%

Cap Rate

1.01

DSCR

$4,294

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,020

Closing costs

1%

$4,951

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,294

Total Expenses

$4,441

Mortgage P&I

57%

$2,430

Property Taxes

8%

$322

Home Insurance

4%

$178

HOA

1%

$51

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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