REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

565 Heron Dr, Merritt Island, FL 32952

3 beds • 2 baths • 1494 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.34% first-year return on $124k initial cash invested.

-1.34%

Cash On Cash

5.96%

Cap Rate

1.01

DSCR

$4,161

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$503k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,029

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,161

Total Expenses

$4,299

Mortgage P&I

59%

$2,469

Property Taxes

6%

$232

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$458

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis