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5122 Cocoplum Ave, Melbourne, FL 32940

4 beds • 2 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -12.78% first-year return on $137k initial cash invested.

-12.78%

Cash On Cash

2.9%

Cap Rate

0.49

DSCR

$3,082

Rent

-$1,461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$108k

Closing costs

1%

$5,390

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,082

Total Expenses

$4,543

Mortgage P&I

86%

$2,641

Property Taxes

7%

$210

Home Insurance

6%

$189

HOA

1%

$25

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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