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$2,946 (target)

3615 Egret Dr, Melbourne, FL 32901

3 beds • 2 baths • 1164 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $75,876 initial cash invested.

1.01%

Cash On Cash

7.01%

Cap Rate

1.13

DSCR

$2,946

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,946 income − $2,882 expenses = $64 cash flow

Income$2,946Mortgage P&I$1,42949%Property Taxes$34512%Insurance$1003%HOA$6Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$64

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,876

Downpayment

20%

$55,120

Closing costs

1%

$2,756

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,946

Total Expenses

$2,882

Mortgage P&I

49%

$1,429

Property Taxes

12%

$345

Home Insurance

3%

$100

HOA

0%

$6

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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