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342 Bardmoor Ln, Melbourne, FL 32940

3 beds • 3 baths • 1874 sqft

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This property looks like a bad Airbnb investment with a projected -7.7% first-year return on $136k initial cash invested.

-7.7%

Cash On Cash

4.31%

Cap Rate

0.75

DSCR

$4,636

Rent

-$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,633

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,636

Total Expenses

$5,511

Mortgage P&I

59%

$2,715

Property Taxes

7%

$346

Home Insurance

4%

$205

HOA

0%

$21

Property Management

15%

$695

CapEx

4%

$185

Vacancy

0%

$0

Maintenance

4%

$185

Other

25%

$1,159

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