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$6,147 (target)

409 Seabrook Rd, Ormond Beach, FL 32174

3 beds • 2 baths • 2153 sqft

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This property might be a fair Mid-Term investment with a projected 5.73% first-year return on $115k initial cash invested.

5.73%

Cash On Cash

8.7%

Cap Rate

1.31

DSCR

$6,147

Rent

$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,147 income − $5,599 expenses = $548 cash flow

Income$6,147Mortgage P&I$2,54841%Property Taxes$5429%Insurance$1663%HOA$2534%Management$73812%CapEx$2464%Vacancy$1843%Maintenance$2464%Other$67611%Cash Flow$548

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,220

Closing costs

1%

$4,611

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,147

Total Expenses

$5,599

Mortgage P&I

41%

$2,548

Property Taxes

9%

$542

Home Insurance

3%

$166

HOA

4%

$253

Property Management

12%

$738

CapEx

4%

$246

Vacancy

3%

$184

Maintenance

4%

$246

Other

11%

$676

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