REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,204 (target)

990 Sparkman St, Melbourne, FL 32935

3 beds • 2 baths • 1044 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $80,790 initial cash invested.

3.19%

Cash On Cash

7.78%

Cap Rate

1.22

DSCR

$3,204

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,204 income − $2,989 expenses = $215 cash flow

Income$3,204Mortgage P&I$1,59550%Property Taxes$2016%Insurance$1053%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$215

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,204

Total Expenses

$2,989

Mortgage P&I

50%

$1,595

Property Taxes

6%

$201

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis