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$3,813 (target)

2530 E New York Ave, Deland, FL 32724

3 beds • 2 baths • 1725 sqft

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This property looks like a bad Mid-Term investment with a projected -4.74% first-year return on $127k initial cash invested.

-4.74%

Cash On Cash

5.15%

Cap Rate

0.86

DSCR

$3,813

Rent

-$502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,813 income − $4,315 expenses = $502 out of pocket

Income$3,813Out of Pocket$502Mortgage P&I$2,58068%Property Taxes$2567%Insurance$1825%Management$45812%CapEx$1534%Vacancy$1143%Maintenance$1534%Other$41911%

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,200

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,813

Total Expenses

$4,315

Mortgage P&I

68%

$2,580

Property Taxes

7%

$256

Home Insurance

5%

$182

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$419

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