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685 Naples Ct, West Melbourne, FL 32904

3 beds • 2 baths • 1936 sqft

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This property looks like a bad Airbnb investment with a projected -8.91% first-year return on $95,133 initial cash invested.

-8.91%

Cash On Cash

4.09%

Cap Rate

0.69

DSCR

$3,576

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,576 income − $4,282 expenses = $706 out of pocket

Income$3,576Out of Pocket$706Mortgage P&I$1,81651%Property Taxes$36710%Insurance$1334%HOA$2507%Management$53615%CapEx$1434%Maintenance$1434%Other$89425%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,133

Downpayment

20%

$73,460

Closing costs

1%

$3,673

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$4,282

Mortgage P&I

51%

$1,816

Property Taxes

10%

$367

Home Insurance

4%

$133

HOA

7%

$250

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$894

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