REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,926 (target)

4892 Outlook Dr, Melbourne, FL 32940

3 beds • 2 baths • 1960 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.97% first-year return on $97,422 initial cash invested.

2.97%

Cash On Cash

7.24%

Cap Rate

1.21

DSCR

$3,926

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,926 income − $3,685 expenses = $241 cash flow

Income$3,926Mortgage P&I$1,88548%Property Taxes$1855%Insurance$1353%HOA$1454%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$241

Investment Breakdown

|

Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,422

Downpayment

20%

$75,640

Closing costs

1%

$3,782

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,926

Total Expenses

$3,685

Mortgage P&I

48%

$1,885

Property Taxes

5%

$185

Home Insurance

3%

$135

HOA

4%

$145

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis