REI Lense

REI Lense

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$2,358 (target)

232 Thornberry Branch Ln, Daytona Beach, FL 32124

3 beds • 2 baths • 1537 sqft

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This property looks like a bad Long-Term investment with a projected -5% first-year return on $72,030 initial cash invested.

-5%

Cash On Cash

5.42%

Cap Rate

0.89

DSCR

$2,358

Rent

-$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,030

Downpayment

20%

$68,600

Closing costs

1%

$3,430

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,358

Total Expenses

$2,658

Mortgage P&I

73%

$1,731

Property Taxes

6%

$138

Home Insurance

5%

$124

HOA

2%

$52

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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