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$4,620 (target)

27 N Saint Andrews Dr, Ormond Beach, FL 32174

3 beds • 3 baths • 2083 sqft

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This property might be a fair Mid-Term investment with a projected 5.51% first-year return on $110k initial cash invested.

5.51%

Cash On Cash

7.91%

Cap Rate

1.31

DSCR

$4,620

Rent

$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,620 income − $4,113 expenses = $507 cash flow

Income$4,620Mortgage P&I$2,20848%Property Taxes$1804%Insurance$1543%Management$55412%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50811%Cash Flow$507

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,620

Total Expenses

$4,113

Mortgage P&I

48%

$2,208

Property Taxes

4%

$180

Home Insurance

3%

$154

HOA

0%

$0

Property Management

12%

$554

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$508

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