REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,434 (target)

235 Greenwood Ave, Ormond Beach, FL 32174

3 beds • 2 baths • 2028 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.19% first-year return on $79,236 initial cash invested.

7.19%

Cash On Cash

8.51%

Cap Rate

1.42

DSCR

$3,434

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $2,959 expenses = $475 cash flow

Income$3,434Mortgage P&I$1,45642%Property Taxes$2317%Insurance$1053%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$475

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,236

Downpayment

20%

$58,320

Closing costs

1%

$2,916

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,434

Total Expenses

$2,959

Mortgage P&I

42%

$1,456

Property Taxes

7%

$231

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis