REI Lense

REI Lense

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$2,653 (target)

11 Petrea Ter, Ormond Beach, FL 32174

3 beds • 3 baths • 2143 sqft

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This property looks like a bad Long-Term investment with a projected -7.55% first-year return on $82,929 initial cash invested.

-7.55%

Cash On Cash

4.8%

Cap Rate

0.8

DSCR

$2,653

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,929

Downpayment

20%

$78,980

Closing costs

1%

$3,949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,653

Total Expenses

$3,175

Mortgage P&I

74%

$1,968

Property Taxes

14%

$379

Home Insurance

5%

$138

HOA

0%

$0

Property Management

10%

$265

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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