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418 Poinciana Dr, Melbourne, FL 32935

3 beds • 2 baths • 1551 sqft

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This property looks like a bad Airbnb investment with a projected -0.04% first-year return on $65,250 initial cash invested.

-0.04%

Cash On Cash

7.34%

Cap Rate

1.1

DSCR

$3,060

Rent

-$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $3,062 expenses = $2 out of pocket

Income$3,060Out of Pocket$2Mortgage P&I$1,25641%Property Taxes$2598%Insurance$793%Management$45915%CapEx$1224%Maintenance$1224%Other$76525%

Investment Breakdown

|

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

$3,060

Total Expenses

$3,062

Mortgage P&I

41%

$1,256

Property Taxes

8%

$259

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$765

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