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$3,598 (target)

8189 MELROSE Road, Melrose, FL 32666

3 beds • 2 baths • 1656 sqft

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This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $90,912 initial cash invested.

1.33%

Cash On Cash

7.2%

Cap Rate

1.13

DSCR

$3,598

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,598 income − $3,497 expenses = $101 cash flow

Income$3,598Mortgage P&I$1,83751%Property Taxes$2447%Insurance$1925%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$101

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,912

Downpayment

20%

$69,440

Closing costs

1%

$3,472

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,598

Total Expenses

$3,497

Mortgage P&I

51%

$1,837

Property Taxes

7%

$244

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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