REI Lense

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$3,537 (target)

232 Thornberry Branch Ln, Daytona Beach, FL 32124

3 beds • 2 baths • 1537 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $90,030 initial cash invested.

3.88%

Cash On Cash

7.57%

Cap Rate

1.25

DSCR

$3,537

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,537 income − $3,246 expenses = $291 cash flow

Income$3,537Mortgage P&I$1,73149%Property Taxes$1384%Insurance$1244%HOA$521%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%Cash Flow$291

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,030

Downpayment

20%

$68,600

Closing costs

1%

$3,430

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,537

Total Expenses

$3,246

Mortgage P&I

49%

$1,731

Property Taxes

4%

$138

Home Insurance

4%

$124

HOA

1%

$52

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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