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$2,900 (target)

485 Hibiscus Blvd, Merritt Island, FL 32952

3 beds • 2 baths • 1208 sqft

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This property looks like a bad Mid-Term investment with a projected -3.83% first-year return on $88,644 initial cash invested.

-3.83%

Cash On Cash

5.67%

Cap Rate

0.9

DSCR

$2,900

Rent

-$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,900 income − $3,183 expenses = $283 out of pocket

Income$2,900Out of Pocket$283Mortgage P&I$1,75761%Property Taxes$31811%Insurance$1224%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,900

Total Expenses

$3,183

Mortgage P&I

61%

$1,757

Property Taxes

11%

$318

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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