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$5,241 (target)

427 Kimberly Dr, Melbourne, FL 32940

3 beds • 3 baths • 3326 sqft

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This property looks like a bad Mid-Term investment with a projected -4.32% first-year return on $150k initial cash invested.

-4.32%

Cash On Cash

5.32%

Cap Rate

0.89

DSCR

$5,241

Rent

-$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,241 income − $5,781 expenses = $540 out of pocket

Income$5,241Out of Pocket$540Mortgage P&I$3,11859%Property Taxes$63512%Insurance$2204%HOA$25Management$62912%CapEx$2104%Vacancy$1573%Maintenance$2104%Other$57711%

Investment Breakdown

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Purchase Price

$629k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,290

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,241

Total Expenses

$5,781

Mortgage P&I

59%

$3,118

Property Taxes

12%

$635

Home Insurance

4%

$220

HOA

0%

$25

Property Management

12%

$629

CapEx

4%

$210

Vacancy

3%

$157

Maintenance

4%

$210

Other

11%

$577

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