REI Lense

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$5,796 (target)

114 Coquina Key Dr, Ormond Beach, FL 32176

3 beds • 3 baths • 2438 sqft

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This property looks like a bad Mid-Term investment with a projected -3.47% first-year return on $163k initial cash invested.

-3.47%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$5,796

Rent

-$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,796 income − $6,267 expenses = $471 out of pocket

Income$5,796Out of Pocket$471Mortgage P&I$3,44459%Property Taxes$5139%Insurance$2544%HOA$841%Management$69612%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63811%

Investment Breakdown

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Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,892

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,796

Total Expenses

$6,267

Mortgage P&I

59%

$3,444

Property Taxes

9%

$513

Home Insurance

4%

$254

HOA

1%

$84

Property Management

12%

$696

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$638

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