REI Lense

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$2,056 (target)

1433 Tommy Hitchcock Ave, Daytona Beach, FL 32124

3 beds • 2 baths • 1099 sqft

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This property might be a fair Long-Term investment with a projected 1.96% first-year return on $51,954 initial cash invested.

1.96%

Cash On Cash

7.19%

Cap Rate

1.15

DSCR

$2,056

Rent

$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,056 income − $1,971 expenses = $85 cash flow

Income$2,056Mortgage P&I$1,29563%Property Taxes$804%Insurance$613%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%Cash Flow$85

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,954

Downpayment

20%

$49,480

Closing costs

1%

$2,474

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,056

Total Expenses

$1,971

Mortgage P&I

63%

$1,295

Property Taxes

4%

$80

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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