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$4,098 (target)

409 Seabrook Rd, Ormond Beach, FL 32174

3 beds • 2 baths • 2153 sqft

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This property looks like a bad Long-Term investment with a projected -5.91% first-year return on $96,831 initial cash invested.

-5.91%

Cash On Cash

5.92%

Cap Rate

0.89

DSCR

$4,098

Rent

-$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,098 income − $4,575 expenses = $477 out of pocket

Income$4,098Out of Pocket$477Mortgage P&I$2,54862%Property Taxes$54213%Insurance$1664%HOA$2536%Management$41010%CapEx$2055%Vacancy$2466%Maintenance$2055%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,831

Downpayment

20%

$92,220

Closing costs

1%

$4,611

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,098

Total Expenses

$4,575

Mortgage P&I

62%

$2,548

Property Taxes

13%

$542

Home Insurance

4%

$166

HOA

6%

$253

Property Management

10%

$410

CapEx

5%

$205

Vacancy

6%

$246

Maintenance

5%

$205

Other

0%

$0

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