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$7,242 (target)

7829 Highway A1a, Melbourne Beach, FL 32951

3 beds • 3 baths • 1995 sqft

$2,574,400

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This property looks like a bad Mid-Term investment with a projected -25.45% first-year return on $559k initial cash invested.

-25.45%

Cash On Cash

1.25%

Cap Rate

0.19

DSCR

$7,242

Rent

-$11,846

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,242 income − $19,088 expenses = $11,846 out of pocket

Income$7,242Out of Pocket$11,846Mortgage P&I$14,236197%Property Taxes$1,42120%Insurance$96813%Management$86912%CapEx$2904%Vacancy$2173%Maintenance$2904%Other$79711%

Investment Breakdown

|

Purchase Price

$2574k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$559k

Downpayment

20%

$515k

Closing costs

1%

$25,744

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,242

Total Expenses

$19,088

Mortgage P&I

197%

$14,236

Property Taxes

20%

$1,421

Home Insurance

13%

$968

HOA

0%

$0

Property Management

12%

$869

CapEx

4%

$290

Vacancy

3%

$217

Maintenance

4%

$290

Other

11%

$797

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