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$5,226 (target)

2317 Bonnie View Dr, Ormond Beach, FL 32176

3 beds • 3 baths • 1788 sqft

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This property might be a fair Mid-Term investment with a projected 1.94% first-year return on $145k initial cash invested.

1.94%

Cash On Cash

6.75%

Cap Rate

1.15

DSCR

$5,226

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,226 income − $4,992 expenses = $234 cash flow

Income$5,226Mortgage P&I$2,95757%Property Taxes$341%Insurance$2244%Management$62712%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57511%Cash Flow$234

Investment Breakdown

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Purchase Price

$604k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,041

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,226

Total Expenses

$4,992

Mortgage P&I

57%

$2,957

Property Taxes

1%

$34

Home Insurance

4%

$224

HOA

0%

$0

Property Management

12%

$627

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$575

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