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$3,027 (target)

581 Calle Grande St, Ormond Beach, FL 32174

3 beds • 2 baths • 1662 sqft

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This property might be a fair Mid-Term investment with a projected 3.97% first-year return on $83,079 initial cash invested.

3.97%

Cash On Cash

7.48%

Cap Rate

1.26

DSCR

$3,027

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,027 income − $2,752 expenses = $275 cash flow

Income$3,027Mortgage P&I$1,53651%Property Taxes$793%Insurance$1084%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$275

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,027

Total Expenses

$2,752

Mortgage P&I

51%

$1,536

Property Taxes

3%

$79

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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