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$2,744 (target)

1011 MEGANO BOULEVARD, Deland, FL 32724

3 beds • 3 baths • 2365 sqft

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This property looks like a bad Long-Term investment with a projected -20.51% first-year return on $131k initial cash invested.

-20.51%

Cash On Cash

2.38%

Cap Rate

0.37

DSCR

$2,744

Rent

-$2,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,744 income − $4,987 expenses = $2,243 out of pocket

Income$2,744Out of Pocket$2,243Mortgage P&I$3,347122%Property Taxes$46317%Insurance$2198%HOA$2459%Management$27410%CapEx$1375%Vacancy$1656%Maintenance$1375%

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,744

Total Expenses

$4,987

Mortgage P&I

122%

$3,347

Property Taxes

17%

$463

Home Insurance

8%

$219

HOA

9%

$245

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$165

Maintenance

5%

$137

Other

0%

$0

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