REI Lense

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$3,582 (target)

616 Beach Bum Blvd, Daytona Beach, FL 32124

3 beds • 3 baths • 2083 sqft

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This property looks like a bad Long-Term investment with a projected -17.52% first-year return on $152k initial cash invested.

-17.52%

Cash On Cash

2.58%

Cap Rate

0.43

DSCR

$3,582

Rent

-$2,223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,582

Total Expenses

$5,805

Mortgage P&I

100%

$3,600

Property Taxes

18%

$653

Home Insurance

7%

$254

HOA

10%

$367

Property Management

10%

$358

CapEx

5%

$179

Vacancy

6%

$215

Maintenance

5%

$179

Other

0%

$0

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