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660 Fernandina St NW, Palm Bay, FL 32907

3 beds • 2 baths • 1025 sqft

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This property might be a fair Long-Term investment with a projected 3.95% first-year return on $42,819 initial cash invested.

3.95%

Cash On Cash

7.52%

Cap Rate

1.22

DSCR

$1,742

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,819

Downpayment

20%

$40,780

Closing costs

1%

$2,039

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,742

Total Expenses

$1,601

Mortgage P&I

60%

$1,049

Property Taxes

2%

$29

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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