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325 Kenzel Ct, Merritt Island, FL 32953

3 beds • 2 baths • 2677 sqft

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This property might be a fair Mid-Term investment with a projected 8.05% first-year return on $88,056 initial cash invested.

8.05%

Cash On Cash

8.55%

Cap Rate

1.45

DSCR

$3,748

Rent

$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,056

Downpayment

20%

$66,720

Closing costs

1%

$3,336

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,748

Total Expenses

$3,157

Mortgage P&I

44%

$1,637

Property Taxes

3%

$124

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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