REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,097 (target)

431 HARBOUR LIGHTS DRIVE, Ormond Beach, FL 32174

3 beds • 2 baths • 1756 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $79,464 initial cash invested.

-3.41%

Cash On Cash

5.9%

Cap Rate

0.96

DSCR

$3,097

Rent

-$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,097 income − $3,323 expenses = $226 out of pocket

Income$3,097Out of Pocket$226Mortgage P&I$1,93162%Property Taxes$44214%Insurance$1364%HOA$8Management$31010%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

|

Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,464

Downpayment

20%

$75,680

Closing costs

1%

$3,784

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,097

Total Expenses

$3,323

Mortgage P&I

62%

$1,931

Property Taxes

14%

$442

Home Insurance

4%

$136

HOA

0%

$8

Property Management

10%

$310

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis