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$3,428 (target)

418 Poinciana Dr, Melbourne, FL 32935

3 beds • 2 baths • 1551 sqft

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This property could be a profitable Mid-Term investment with a projected 12.3% first-year return on $65,250 initial cash invested.

12.3%

Cash On Cash

11%

Cap Rate

1.64

DSCR

$3,428

Rent

$669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,428 income − $2,759 expenses = $669 cash flow

Income$3,428Mortgage P&I$1,25637%Property Taxes$2598%Insurance$792%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$669

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,428

Total Expenses

$2,759

Mortgage P&I

37%

$1,256

Property Taxes

8%

$259

Home Insurance

2%

$79

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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