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$2,769 (target)

5658 Melvin Dr, The Villages, FL 32163

3 beds • 2 baths • 1918 sqft

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This property looks like a bad Long-Term investment with a projected -17.39% first-year return on $130k initial cash invested.

-17.39%

Cash On Cash

2.57%

Cap Rate

0.43

DSCR

$2,769

Rent

-$1,890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,769 income − $4,659 expenses = $1,890 out of pocket

Income$2,769Out of Pocket$1,890Mortgage P&I$3,081111%Property Taxes$63123%Insurance$2288%Management$27710%CapEx$1385%Vacancy$1666%Maintenance$1385%

Investment Breakdown

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Purchase Price

$621k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,212

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,769

Total Expenses

$4,659

Mortgage P&I

111%

$3,081

Property Taxes

23%

$631

Home Insurance

8%

$228

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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