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$3,738 (target)

609 Manor Pl, West Melbourne, FL 32904

3 beds • 2 baths • 1928 sqft

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This property looks like a bad Mid-Term investment with a projected -4.54% first-year return on $119k initial cash invested.

-4.54%

Cash On Cash

5.37%

Cap Rate

0.88

DSCR

$3,738

Rent

-$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,738 income − $4,187 expenses = $449 out of pocket

Income$3,738Out of Pocket$449Mortgage P&I$2,44465%Property Taxes$2968%Insurance$1755%Management$44912%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41111%

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,880

Closing costs

1%

$4,794

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,738

Total Expenses

$4,187

Mortgage P&I

65%

$2,444

Property Taxes

8%

$296

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$449

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$411

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