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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 Long-Term investment with a projected -18.05% first-year return on $159k initial cash invested.

-18.05%

Cash On Cash

2.34%

Cap Rate

0.4

DSCR

$2,760

Rent

-$2,393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$757k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$151k

Closing costs

1%

$7,574

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,760

Total Expenses

$5,153

Mortgage P&I

135%

$3,734

Property Taxes

15%

$421

Home Insurance

10%

$280

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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Comparable Property

Rent

Beds

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SQFT

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3

2.5

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2.4 mi

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1.3 mi

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2

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0.9 mi

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5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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