REI Lense

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$2,084 (target)

744 Samuel Chase Ln, West Melbourne, FL 32904

3 beds • 2 baths • 1214 sqft

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This property looks like a bad Long-Term investment with a projected -1.16% first-year return on $55,797 initial cash invested.

-1.16%

Cash On Cash

6.14%

Cap Rate

1.04

DSCR

$2,084

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,084 income − $2,138 expenses = $54 out of pocket

Income$2,084Out of Pocket$54Mortgage P&I$1,31063%Property Taxes$1758%Insurance$1125%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,797

Downpayment

20%

$53,140

Closing costs

1%

$2,657

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,084

Total Expenses

$2,138

Mortgage P&I

63%

$1,310

Property Taxes

8%

$175

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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