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$3,762 (target)

3810 Connors Cv, Melbourne, FL 32934

3 beds • 2 baths • 1688 sqft

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This property looks like a bad Mid-Term investment with a projected -5.05% first-year return on $128k initial cash invested.

-5.05%

Cash On Cash

5.16%

Cap Rate

0.85

DSCR

$3,762

Rent

-$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,762 income − $4,302 expenses = $540 out of pocket

Income$3,762Out of Pocket$540Mortgage P&I$2,64870%Property Taxes$1845%Insurance$1925%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41411%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,762

Total Expenses

$4,302

Mortgage P&I

70%

$2,648

Property Taxes

5%

$184

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$414

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