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2312 Warden Trl, Ormond Beach, FL 32174

3 beds • 3 baths • 2593 sqft

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This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $177k initial cash invested.

-3.4%

Cash On Cash

5.5%

Cap Rate

0.93

DSCR

$5,960

Rent

-$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$757k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$151k

Closing costs

1%

$7,574

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,960

Total Expenses

$6,461

Mortgage P&I

63%

$3,734

Property Taxes

7%

$421

Home Insurance

5%

$280

HOA

0%

$0

Property Management

12%

$715

CapEx

4%

$238

Vacancy

3%

$179

Maintenance

4%

$238

Other

11%

$656

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