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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 Long-Term investment with a projected -12.63% first-year return on $118k initial cash invested.

-12.63%

Cash On Cash

3.43%

Cap Rate

0.59

DSCR

$2,760

Rent

-$1,245

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

$118k

Downpayment

20%

$113k

Closing costs

1%

$5,633

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,760

Total Expenses

$4,005

Mortgage P&I

98%

$2,715

Property Taxes

13%

$346

Home Insurance

7%

$205

HOA

1%

$21

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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