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$2,247 (target)

633 1/2 Elm Ave, Daytona Beach, FL 32117

3 beds • 2 baths • 945 sqft

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This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $55,695 initial cash invested.

7.09%

Cash On Cash

9.26%

Cap Rate

1.43

DSCR

$2,247

Rent

$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,247 income − $1,918 expenses = $329 cash flow

Income$2,247Mortgage P&I$96643%Property Taxes$1256%Insurance$633%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$329

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,695

Downpayment

20%

$35,900

Closing costs

1%

$1,795

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,247

Total Expenses

$1,918

Mortgage P&I

43%

$966

Property Taxes

6%

$125

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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