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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 Mid-Term investment with a projected -10.36% first-year return on $185k initial cash invested.

-10.36%

Cash On Cash

3.63%

Cap Rate

0.63

DSCR

$4,875

Rent

-$1,594

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

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,936

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,875

Total Expenses

$6,469

Mortgage P&I

78%

$3,801

Property Taxes

13%

$632

Home Insurance

6%

$289

HOA

2%

$90

Property Management

12%

$585

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$536

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