REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

18 Concord Dr, Ormond Beach, FL 32176

3 beds • 2 baths • 1538 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.6% first-year return on $96,579 initial cash invested.

-14.6%

Cash On Cash

3.1%

Cap Rate

0.53

DSCR

$2,370

Rent

-$1,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,579

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,370

Total Expenses

$3,545

Mortgage P&I

95%

$2,246

Property Taxes

22%

$523

Home Insurance

7%

$161

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

34 Kathy Dr, Ormond Beach, FL 32176

$2,500

3

2

1600

0.8 mi

11 Eileen Ter, Ormond Beach, FL 32174

$2,395

3

2

1554

1.4 mi

52 Plaza Dr, Ormond Beach, FL 32176

$2,500

3

2

1600

1.2 mi

1316 Wandering Oaks Dr, Ormond Beach, FL 32174

$1,920

3

2

1471

1.5 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis