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$3,860 (target)

128 Briargate Look, Ormond Beach, FL 32174

3 beds • 2 baths • 1893 sqft

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This property looks like a bad Mid-Term investment with a projected -10.83% first-year return on $144k initial cash invested.

-10.83%

Cash On Cash

3.81%

Cap Rate

0.62

DSCR

$3,860

Rent

-$1,299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,860 income − $5,159 expenses = $1,299 out of pocket

Income$3,860Out of Pocket$1,299Mortgage P&I$3,05079%Property Taxes$49713%Insurance$2105%HOA$902%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,999

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,860

Total Expenses

$5,159

Mortgage P&I

79%

$3,050

Property Taxes

13%

$497

Home Insurance

5%

$210

HOA

2%

$90

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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