REI Lense

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$3,288 (target)

4156 Catgrass Ln, West Melbourne, FL 32904

3 beds • 2 baths • 1812 sqft

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This property looks like a bad Mid-Term investment with a projected -2.71% first-year return on $101k initial cash invested.

-2.71%

Cash On Cash

5.59%

Cap Rate

0.95

DSCR

$3,288

Rent

-$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,288 income − $3,517 expenses = $229 out of pocket

Income$3,288Out of Pocket$229Mortgage P&I$1,94559%Property Taxes$502%Insurance$1404%HOA$2628%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,280

Closing costs

1%

$3,964

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,288

Total Expenses

$3,517

Mortgage P&I

59%

$1,945

Property Taxes

2%

$50

Home Insurance

4%

$140

HOA

8%

$262

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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