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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 -11.1% first-year return on $95,133 initial cash invested.

-11.1%

Cash On Cash

3.48%

Cap Rate

0.59

DSCR

$3,244

Rent

-$880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,244 income − $4,124 expenses = $880 out of pocket

Income$3,244Out of Pocket$880Mortgage P&I$1,81656%Property Taxes$36711%Insurance$1334%HOA$2508%Management$48715%CapEx$1304%Maintenance$1304%Other$81125%

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

$3,244

Total Expenses

$4,124

Mortgage P&I

56%

$1,816

Property Taxes

11%

$367

Home Insurance

4%

$133

HOA

8%

$250

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$811

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