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$2,492 (target)

609 Manor Pl, West Melbourne, FL 32904

3 beds • 2 baths • 1928 sqft

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This property looks like a bad Long-Term investment with a projected -12.78% first-year return on $101k initial cash invested.

-12.78%

Cash On Cash

3.75%

Cap Rate

0.61

DSCR

$2,492

Rent

-$1,072

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,492 income − $3,564 expenses = $1,072 out of pocket

Income$2,492Out of Pocket$1,072Mortgage P&I$2,44498%Property Taxes$29612%Insurance$1757%Management$24910%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$95,880

Closing costs

1%

$4,794

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,492

Total Expenses

$3,564

Mortgage P&I

98%

$2,444

Property Taxes

12%

$296

Home Insurance

7%

$175

HOA

0%

$0

Property Management

10%

$249

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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