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7755 S Tropical Trl, Merritt Island, FL 32952

3 beds • 3 baths • 2249 sqft

$1,559,100

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This property looks like a bad Airbnb investment with a projected -28.47% first-year return on $345k initial cash invested.

-28.47%

Cash On Cash

-0.3%

Cap Rate

-0.05

DSCR

$1,902

Rent

-$8,194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,902 income − $10,096 expenses = $8,194 out of pocket

Income$1,902Out of Pocket$8,194Mortgage P&I$7,733407%Property Taxes$68036%Insurance$77040%Management$28515%CapEx$764%Maintenance$764%Other$47625%

Investment Breakdown

|

Purchase Price

$1559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$345k

Downpayment

20%

$312k

Closing costs

1%

$15,591

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,902

Total Expenses

$10,096

Mortgage P&I

407%

$7,733

Property Taxes

36%

$680

Home Insurance

40%

$770

HOA

0%

$0

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

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