REI Lense

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$5,511 (target)

309 CYPRESS STREET, Flagler Beach, FL 32136

3 beds • 3 baths • 1672 sqft

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This property might be a fair Mid-Term investment with a projected 4.38% first-year return on $133k initial cash invested.

4.38%

Cash On Cash

7.74%

Cap Rate

1.25

DSCR

$5,511

Rent

$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,511 income − $5,025 expenses = $486 cash flow

Income$5,511Mortgage P&I$2,83451%Property Taxes$1272%Insurance$1923%Management$66112%CapEx$2204%Vacancy$1653%Maintenance$2204%Other$60611%Cash Flow$486

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,511

Total Expenses

$5,025

Mortgage P&I

51%

$2,834

Property Taxes

2%

$127

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$661

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$606

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