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$4,502 (target)

3719 Longford Cir, Ormond Beach, FL 32174

3 beds • 2 baths • 1961 sqft

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This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $114k initial cash invested.

1.02%

Cash On Cash

6.8%

Cap Rate

1.12

DSCR

$4,502

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,502 income − $4,405 expenses = $97 cash flow

Income$4,502Mortgage P&I$2,31251%Property Taxes$3297%Insurance$1664%HOA$682%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%Cash Flow$97

Investment Breakdown

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Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,380

Closing costs

1%

$4,569

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,502

Total Expenses

$4,405

Mortgage P&I

51%

$2,312

Property Taxes

7%

$329

Home Insurance

4%

$166

HOA

2%

$68

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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