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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 -27.8% first-year return on $345k initial cash invested.

-27.8%

Cash On Cash

-0.14%

Cap Rate

-0.02

DSCR

$2,270

Rent

-$8,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,270 income − $10,273 expenses = $8,003 out of pocket

Income$2,270Out of Pocket$8,003Mortgage P&I$7,733341%Property Taxes$68030%Insurance$77034%Management$34015%CapEx$914%Maintenance$914%Other$56825%

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

$2,270

Total Expenses

$10,273

Mortgage P&I

341%

$7,733

Property Taxes

30%

$680

Home Insurance

34%

$770

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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