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1514 Clearlake Rd #124
D Composite 42.95
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +12.5/30.0
  • ARV discount +7.5/15.0
  • 1% rule +4.8/10.0
  • Schools +4.7/10.0
  • DSCR +3.7/10.0
  • Livability +3.6/5.0
  • Rent growth +3.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$158,000

1514 Clearlake Rd #124 · Cocoa, FL 32922
2 bd · 1.0 ba · 1,070 sqft · Townhouse public records · 58 Days on market
Built 1987 4,356 sqft lot $154/mo HOA · 10% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

Key facts

  • Bonus room
  • New a/c
  • Updated bathrooms

Tags

BONUS ROOMNEW ROOFNEW A/CUPDATED BATHROOMSOPEN-CONCEPT LAYOUTSTACKABLE WASHER AND DRYER

Property features AI

Finance

  • Other: Unfurnished unit; No private pool
  • HOA & community: Has association managed by Keys Property Management; Monthly association fee of $154.99; Association fee includes grounds maintenance and trash

Exterior

  • Parking: Assigned parking; Guest parking; Other parking
  • Utilities: Public sewer; Water available and connected; Sewer available and connected; Electricity available and connected; Cable available
  • Home design: Single family residence; All main-level living
  • Construction: Block and stucco construction; Other construction materials
  • Exterior features: Shingle roof; East-facing; Asphalt-paved road access; Lot described as 'Other'

Interior

  • Kitchen: Electric range; Microwave; Refrigerator; Electric water heater
  • Bedrooms: 2 bedrooms (both on the main level)
  • Flooring: Ceramic tile flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: Ceiling fans; Primary bathroom with shower (no tub); Walk-in closet(s); Accessible central living area; Accessible entrance; Accessible full bath; Accessible kitchen; Accessible washer/dryer
  • Laundry & utility: In-unit laundry with washer/dryer stacked; Washer hookup; Electric dryer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath townhouse listed at $158k.

Deal economics

  • At list price, monthly cash flow is $-22 ($-261/yr) — negative.
  • To cash-flow at today's rent, offer at most $154k (2.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $156k (1.5% below list).
  • Recommended offer: $153k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 72/100 on livability (#344 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, employment D-.
  • Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Cambridge Elementary Magnet School (math 38% / reading 31%, grade F, #1,709 of 2,144 statewide, top 81%, 495 students, 78% FRL); Cocoa High School (math 21% / reading 27%, grade F, #529 of 667 statewide, top 80%, 1,551 students, 73% FRL) — zoned schools average 76% FRL vs 43% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 29% at this address vs 55% district-wide (-26 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising fast (+4.1%/yr); 167 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($44k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 58 days — a 3% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $153,260 (3.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.98%
Cap rate
6.13%
Cash-on-cash
-0.59%
DSCR
0.97
GRM
8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.13% rent growth · sell at horizon

5-year hold
IRR
-15.7%
Equity multiple
0.43×
Total profit
$-25,079
Equity at exit
$23,558
10-year hold
IRR
-5.1%
Equity multiple
0.65×
Total profit
$-15,621
Equity at exit
$13,661

Cash invested: $44,240 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 32922

Home prices YoY
-20.3%
Rents YoY
4.1%
Active inventory
167
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$1,556 high interval (Pro) →
Mortgage (P&I)
$829
Tax from tax record
$202 /mo · $2,429/yr
Insurance
$66
HOA
$154
Vacancy / Maint / Mgmt
$327
Net cashflow
$-22

Break-even live

Break-even rent $1,583
Max offer price $154,155
Occupancy floor 96%

Sensitivity live

Price -10% $68 -5% $23 +0% $-22 +5% $-66 +10% $-111
Rent -10% $-145 -5% $-83 +0% $-22 +5% $40 +10% $101
Rate -1.0pp $58 -0.5pp $18 base $-22 +0.5pp $-63 +1.0pp $-104

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$39,500
Closing costs
$4,740
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1514 Clearlake Rd #110 Cocoa, FL 2.0 2.0 1070 $1,295 $1.21 25d 1 0.03mi
1524 Clearlake Rd Cocoa, FL 1.0–2.0 1.0 720 $1,822 $2.53 21d 6 0.12mi
1704 University Ln #701 Cocoa, FL 2.0 2.0 864 $1,225 $1.42 25d 1 0.20mi
1710 University Ln #408 Cocoa, FL 2.0 2.0 864 $1,400 $1.62 16d 1 0.25mi
1202 Princeton Rd Cocoa, FL 3.0 2.0 1473 $2,150 $1.46 25d 1 0.26mi
1706 Pineda St Cocoa, FL 3.0 2.0 1020 $1,700 $1.67 25d 1 0.33mi
1660 Rosetine St Unit 1 Cocoa, FL 2.0 2.0 1200 $1,645 $1.37 21d 1 0.41mi
318 Lucerne Dr Cocoa, FL 3.0 1.0 1145 $1,700 $1.48 21d 1 0.58mi
214 Lucerne Dr Unit 1381666P Cocoa, FL 3.0 1.0 1151 $3,539 $3.07 15d 1 0.64mi
312 Bellair Dr Cocoa, FL 2.0 1.0 984 $1,700 $1.73 25d 1 0.77mi
1305 N Fiske Blvd Cocoa, FL 2.0 1.0 750 $1,275 $1.70 21d 1 0.84mi
1711 Dixon Blvd Cocoa, FL 2.0 1.0 740 $1,262 $1.70 21d 2 0.86mi
1711 Dixon Blvd #246 Cocoa, FL 2.0 1.0 837 $1,350 $1.61 16d 1 0.90mi
1105 Myrtle Ln Cocoa, FL 3.0 1.5 1232 $1,800 $1.46 16d 1 0.93mi
1050 N Fiske Blvd #406 Cocoa, FL 2.0 1.0 816 $1,200 $1.47 21d 1 1.04mi
1050 N Fiske Blvd Cocoa, FL 1.0–2.0 1.0 708 $1,200 $1.69 25d 2 1.04mi
1010 N Fiske Blvd Cocoa, FL 2.0 1.0–1.5 750 $1,275 $1.70 16d 8 1.17mi
800 N Fiske Blvd Cocoa, FL 1.0–2.0 1.0 850 $1,200 $1.41 25d 2 1.24mi
3070 Cirrus Dr Cocoa, FL 3.0 1.0–2.0 1002 $2,326 $2.32 15d 29 1.31mi
870 N Cocoa Blvd Unit 1 Cocoa, FL 1.0 1.0 700 $1,250 $1.79 23d 1 1.38mi
1616 Terrace St Cocoa, FL 3.0 2.0 850 $1,600 $1.88 25d 1 1.42mi
3028 Winchester Dr Cocoa, FL 3.0 2.0 1125 $1,915 $1.70 23d 1 1.49mi
420 N Fiske Blvd Cocoa, FL 3.0 1.5 1382 $1,695 $1.23 25d 1 1.49mi
739 Lunar Lake Cir Cocoa, FL 2.0 1.0 814 $1,100 $1.35 25d 1 1.50mi

HOA detail

Monthly dues
$154 · $1,848/yr

Listing history 33 events

  1. 2026-06-22
    days on market $158,000 Active 58 DOM
  2. 2026-06-18
    days on market $158,000 Active 55 DOM
  3. 2026-06-17
    days on market $158,000 Active 54 DOM
  4. 2026-06-16
    days on market $158,000 Active 53 DOM
  5. 2026-06-15
    days on market $158,000 Active 52 DOM
  6. 2026-06-14
    days on market $158,000 Active 50 DOM
  7. 2026-06-10
    days on market $158,000 Active 47 DOM
  8. 2026-06-08
    days on market $158,000 Active 45 DOM
  9. 2026-06-07
    days on market $158,000 Active 44 DOM
  10. 2026-06-05
    days on market $158,000 Active 41 DOM
  11. 2026-06-03
    days on market $158,000 Active 40 DOM
  12. 2026-06-02
    days on market $158,000 Active 39 DOM
  13. 2026-06-01
    days on market $158,000 Active 38 DOM
  14. 2026-05-31
    days on market $158,000 Active 37 DOM
  15. 2026-05-31
    days on market $158,000 Active 36 DOM
  16. 2026-05-12
    price $158,000
  17. 2026-04-24
    listed $163,000 Active
  18. 2025-12-17
    historical $1,850
  19. 2025-09-18
    listed $1,850
  20. 2025-09-17
    historical $1,500
  21. 2025-09-09
    price $1,500
  22. 2025-08-09
    price $1,600
  23. 2025-08-04
    price $1,700
  24. 2025-08-02
    listed $1,850
  25. 2024-06-05
    soldstatus $140,000
  26. 2024-05-17
    soldstatus $140,000 Closed 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  27. 2024-04-11
    status Pending 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  28. 2024-04-04
    price $145,000 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  29. 2024-03-28
    status Active 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  30. 2024-03-20
    status Pending 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  31. 2024-03-13
    status Active 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  32. 2024-03-12
    historical 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

  33. 2024-01-12
    listed $149,900 Active 1223-char remark
    Show marketing remark (1223 chars)

    New updates to home: * New roof (installed 3/2024) * New air conditioner (installed 2/2024) Centrally located, open concept 2 bedroom, 2 bath condo, with a bonus room, for sale with convenient proximity to KSC, Port Canaveral, Orlando, elementary/ middle/high schools, local college, shopping, interstate 95, rivers, beaches, nature parks and minutes from the upcoming Brightline train station! This end unit condo is move in ready and features: • master bedroom (freshly painted & new ceiling fan) with walk-in closet and en suite bathroom • second bedroom (freshly painted, new ceiling fan & blinds) located directly across from full bathroom • third bonus room/office (enclosed from former porch) with new ceiling fan • brand new AC unit (replaced 2/2024) • fresh interior paint in living/dining, bedrooms and kitchen • both bathrooms have recently been updated with quartz countertop vanity, new sink & faucets • ceramic tile located throughout " indoor laundry room with washer/dryer hookups " 2 private parking spaces, with guest parking available. Come see all this spacious and beautiful home has to offer. Home is being sold as is.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$2,429 · $202/mo
Projected year-2 tax
$2,429 · $202/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,669
− Mortgage interest
−$8,850
− Property taxes
−$2,429
− Insurance
−$790
− Repairs & maintenance
−$1,494
− Management
−$1,494
− HOA
−$1,848
− Depreciation
−$4,596
Taxable loss
−$2,832
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$680
After-tax cash flow
$418/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Brevard
NCES district ID
1200150
Math proficiency
53% ▼ -9.00%
Reading proficiency
57% ▼ -4.00%
Median HH income
$49,426
Composite
46.86/100
National rank
#2370
State rank
#19 of 73 in FL

Livability — Cocoa

Score
72/100
State rank
#344
US rank
#5979

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cocoa, FL
County
Brevard County · 602,871 people
City population
67,424
Metro
Palm Bay-Melbourne-Titusville, FL
Population (ZIP)
14,700
Household income
$44,469
Rent vs Own
47.8% rent · 52.2% own
Severe rent burden
1007.0

Population outlook (Brevard County) Hauer SSP2

Today (2025)
623,254 people
By 2030
648,420 · +4.0%
By 2040
690,009 · +10.7%
By 2050
715,669 · +14.8%
By 2075
775,744 · +24.5%
By 2100
776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
White 45% Black 29% Hispanic / Latino 21% Two or more races 12%
Hispanic origin (detail)
Mexican 10% Puerto Rican 1% Cuban 4%
Common ancestry
Slovak 2% Romanian 2% Lithuanian 1%
Foreign-born
14% · Canada
Languages at home
81% English-only · Spanish 16% German/W. Germanic 2%

Political lean MEDSL · Brevard

2024 margin
Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
2008→2024 swing
-10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
All cycles
2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -68.95%
Current HPI
271.1139
Rent YoY
▲ 4.13%
Metro
Palm Bay-Melbourne-Titusville, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+5.4% since first listed
18 events — show timeline
  • 2026-05-12 Price Changed $158,000 SCMLS
  • 2026-04-24 Listed $163,000 SCMLS
  • 2025-12-17 Rental Removed $1,850 RENTSPREE
  • 2025-09-18 Listed for Rent $1,850 RENTSPREE
  • 2025-09-17 Rental Removed $1,500 SCMLS
  • 2025-09-09 Price Changed $1,500 SCMLS
  • 2025-08-09 Price Changed $1,600 SCMLS
  • 2025-08-04 Price Changed $1,700 SCMLS
  • 2025-08-02 Listed for Rent $1,850 SCMLS
  • 2024-06-05 Sold (Public Records) $140,000 Public Records
  • 2024-05-17 Sold (MLS) $140,000 SCMLS
  • 2024-04-11 Pending SCMLS
  • 2024-04-04 Price Changed $145,000 SCMLS
  • 2024-03-28 Relisted SCMLS
  • 2024-03-20 Pending SCMLS
  • 2024-03-13 Relisted SCMLS
  • 2024-03-12 Listing Removed SCMLS
  • 2024-01-12 Listed $149,900 SCMLS

Property tax history

+10.6%/yr

Latest (2025): $2,429 · +37.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…