REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1939 Wallace Ct, Deland, FL 32720

3 beds • 2 baths • 1951 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.17% first-year return on $101k initial cash invested.

-8.17%

Cash On Cash

4.06%

Cap Rate

0.7

DSCR

$2,700

Rent

-$687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,700 income − $3,387 expenses = $687 out of pocket

Income$2,700Out of Pocket$687Mortgage P&I$1,91671%Property Taxes$371%Insurance$1385%Management$40515%CapEx$1084%Maintenance$1084%Other$67525%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,700

Total Expenses

$3,387

Mortgage P&I

71%

$1,916

Property Taxes

1%

$37

Home Insurance

5%

$138

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis