REI Lense

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$2,571 (target)

110 VIA ROMA, Ormond Beach, FL 32174

3 beds • 2 baths • 2114 sqft

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This property looks like a bad Long-Term investment with a projected -11.94% first-year return on $91,329 initial cash invested.

-11.94%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$2,571

Rent

-$909

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,571 income − $3,480 expenses = $909 out of pocket

Income$2,571Out of Pocket$909Mortgage P&I$2,15184%Property Taxes$28211%Insurance$1586%HOA$2209%Management$25710%CapEx$1295%Vacancy$1546%Maintenance$1295%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,571

Total Expenses

$3,480

Mortgage P&I

84%

$2,151

Property Taxes

11%

$282

Home Insurance

6%

$158

HOA

9%

$220

Property Management

10%

$257

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

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