REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,118 (target)

29 Apian Way, Ormond Beach, FL 32174

3 beds • 2 baths • 2036 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.68% first-year return on $147k initial cash invested.

-4.68%

Cash On Cash

5.36%

Cap Rate

0.88

DSCR

$5,118

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,118 income − $5,691 expenses = $573 out of pocket

Income$5,118Out of Pocket$573Mortgage P&I$3,11261%Property Taxes$3958%Insurance$2244%HOA$2194%Management$61412%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56311%

Investment Breakdown

|

Purchase Price

$614k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,144

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,118

Total Expenses

$5,691

Mortgage P&I

61%

$3,112

Property Taxes

8%

$395

Home Insurance

4%

$224

HOA

4%

$219

Property Management

12%

$614

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$563

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis