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116 Briargate Look, Ormond Beach, FL 32174

3 beds • 3 baths • 2650 sqft

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This property looks like a bad Long-Term investment with a projected -17.32% first-year return on $167k initial cash invested.

-17.32%

Cash On Cash

2.35%

Cap Rate

0.41

DSCR

$3,250

Rent

-$2,406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$794k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$159k

Closing costs

1%

$7,936

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,250

Total Expenses

$5,656

Mortgage P&I

117%

$3,801

Property Taxes

19%

$632

Home Insurance

9%

$289

HOA

3%

$90

Property Management

10%

$325

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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