REI Lense

REI Lense

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$2,903 (target)

105 Cerise Ct, Daytona Beach, FL 32124

3 beds • 2 baths • 1946 sqft

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This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $97,650 initial cash invested.

-12.07%

Cash On Cash

3.97%

Cap Rate

0.65

DSCR

$2,903

Rent

-$982

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,903 income − $3,885 expenses = $982 out of pocket

Income$2,903Out of Pocket$982Mortgage P&I$2,37682%Property Taxes$47216%Insurance$1636%HOA$1204%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,650

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,903

Total Expenses

$3,885

Mortgage P&I

82%

$2,376

Property Taxes

16%

$472

Home Insurance

6%

$163

HOA

4%

$120

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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