REI Lense

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$3,336 (target)

634 Spring Cavern Ave, Orange City, FL 32763

3 beds • 2 baths • 1607 sqft

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This property might be a fair Mid-Term investment with a projected 4.67% first-year return on $80,769 initial cash invested.

4.67%

Cash On Cash

7.77%

Cap Rate

1.3

DSCR

$3,336

Rent

$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,336 income − $3,022 expenses = $314 cash flow

Income$3,336Mortgage P&I$1,48945%Property Taxes$1986%Insurance$1073%HOA$953%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36711%Cash Flow$314

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,769

Downpayment

20%

$59,780

Closing costs

1%

$2,989

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,336

Total Expenses

$3,022

Mortgage P&I

45%

$1,489

Property Taxes

6%

$198

Home Insurance

3%

$107

HOA

3%

$95

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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