REI Lense

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$2,145 (target)

1807 Woodcrest Dr, Ormond Beach, FL 32174

3 beds • 2 baths • 1312 sqft

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This property looks like a bad Long-Term investment with a projected -1.26% first-year return on $49,392 initial cash invested.

-1.26%

Cash On Cash

6.83%

Cap Rate

1.04

DSCR

$2,145

Rent

-$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,145 income − $2,197 expenses = $52 out of pocket

Income$2,145Out of Pocket$52Mortgage P&I$1,28460%Property Taxes$27313%Insurance$834%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,392

Downpayment

20%

$47,040

Closing costs

1%

$2,352

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,145

Total Expenses

$2,197

Mortgage P&I

60%

$1,284

Property Taxes

13%

$273

Home Insurance

4%

$83

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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