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$3,168 (target)

4400 Alfred St, Cocoa, FL 32927

3 beds • 2 baths • 1314 sqft

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This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $79,047 initial cash invested.

4.08%

Cash On Cash

7.7%

Cap Rate

1.27

DSCR

$3,168

Rent

$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,168 income − $2,899 expenses = $269 cash flow

Income$3,168Mortgage P&I$1,46946%Property Taxes$2488%Insurance$1053%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$269

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,047

Downpayment

20%

$58,140

Closing costs

1%

$2,907

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,168

Total Expenses

$2,899

Mortgage P&I

46%

$1,469

Property Taxes

8%

$248

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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