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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 -27.72% first-year return on $345k initial cash invested.

-27.72%

Cash On Cash

-0.12%

Cap Rate

-0.02

DSCR

$2,318

Rent

-$7,979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,318 income − $10,297 expenses = $7,979 out of pocket

Income$2,318Out of Pocket$7,979Mortgage P&I$7,733334%Property Taxes$68029%Insurance$77033%Management$34815%CapEx$934%Maintenance$934%Other$58025%

Investment Breakdown

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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

$2,318

Total Expenses

$10,297

Mortgage P&I

334%

$7,733

Property Taxes

29%

$680

Home Insurance

33%

$770

HOA

0%

$0

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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