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4616 Four Lakes Dr, Melbourne, FL 32940

3 beds • 2 baths • 1865 sqft

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This property looks like a bad Airbnb investment with a projected -8.35% first-year return on $106k initial cash invested.

-8.35%

Cash On Cash

4.16%

Cap Rate

0.71

DSCR

$3,386

Rent

-$740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$421k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,100

Closing costs

1%

$4,205

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,386

Total Expenses

$4,126

Mortgage P&I

61%

$2,063

Property Taxes

7%

$253

Home Insurance

4%

$152

HOA

1%

$34

Property Management

15%

$508

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$846

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