REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,018 (target)

581 Calle Grande St, Ormond Beach, FL 32174

3 beds • 2 baths • 1662 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.24% first-year return on $65,079 initial cash invested.

-4.24%

Cash On Cash

5.45%

Cap Rate

0.92

DSCR

$2,018

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,018 income − $2,248 expenses = $230 out of pocket

Income$2,018Out of Pocket$230Mortgage P&I$1,53676%Property Taxes$794%Insurance$1085%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,018

Total Expenses

$2,248

Mortgage P&I

76%

$1,536

Property Taxes

4%

$79

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis