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$3,885 (target)

42 S Saint Andrews Dr, Ormond Beach, FL 32174

3 beds • 2 baths • 1966 sqft

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This property might be a fair Mid-Term investment with a projected 4.9% first-year return on $91,500 initial cash invested.

4.9%

Cash On Cash

8.42%

Cap Rate

1.27

DSCR

$3,885

Rent

$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,885 income − $3,511 expenses = $374 cash flow

Income$3,885Mortgage P&I$1,92750%Property Taxes$1424%Insurance$1223%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%Cash Flow$374

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,885

Total Expenses

$3,511

Mortgage P&I

50%

$1,927

Property Taxes

4%

$142

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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