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1724 Lake Reserve Dr, Deland, FL 32724

3 beds • 3 baths • 2010 sqft

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This property looks like a bad Long-Term investment with a projected -15.15% first-year return on $105k initial cash invested.

-15.15%

Cash On Cash

2.95%

Cap Rate

0.5

DSCR

$2,220

Rent

-$1,323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$3,543

Mortgage P&I

110%

$2,437

Property Taxes

5%

$109

Home Insurance

8%

$175

HOA

11%

$245

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

887 Lakehill Way, Deland, FL 32724

$2,600

3

2.5

2038

0.3 mi

132 Amanthus Ct, Deland, FL 32724

$2,450

3

2.5

2005

0.9 mi

555 E Voorhis Ave, # 2, Deland, FL 32724

$700

3

3

1953

2 mi

1558 Scrub Jay Ct, Deland, FL 32724

$2,549

3

2.5

1936

0.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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