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502 Royston Ln, Melbourne, FL 32940

3 beds • 2 baths • 2010 sqft

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This property might be a fair Airbnb investment with a projected 6.28% first-year return on $93,264 initial cash invested.

6.28%

Cash On Cash

8.29%

Cap Rate

1.41

DSCR

$5,903

Rent

$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,264

Downpayment

20%

$71,680

Closing costs

1%

$3,584

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,903

Total Expenses

$5,415

Mortgage P&I

30%

$1,752

Property Taxes

11%

$639

Home Insurance

2%

$130

HOA

1%

$61

Property Management

15%

$885

CapEx

4%

$236

Vacancy

0%

$0

Maintenance

4%

$236

Other

25%

$1,476

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