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1272 Royal Pointe Ln, Ormond Beach, FL 32174

3 beds • 2 baths • 2338 sqft

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This property looks like a bad Long-Term investment with a projected -12.38% first-year return on $104k initial cash invested.

-12.38%

Cash On Cash

3.52%

Cap Rate

0.61

DSCR

$2,622

Rent

-$1,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$99,420

Closing costs

1%

$4,971

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,622

Total Expenses

$3,699

Mortgage P&I

92%

$2,405

Property Taxes

12%

$310

Home Insurance

7%

$182

HOA

5%

$121

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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