REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,810 (target)

7 Waterfront Ct, Ormond Beach, FL 32174

3 beds • 3 baths • 2255 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.13% first-year return on $86,772 initial cash invested.

-8.13%

Cash On Cash

5.04%

Cap Rate

0.79

DSCR

$2,810

Rent

-$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,810 income − $3,398 expenses = $588 out of pocket

Income$2,810Out of Pocket$588Mortgage P&I$2,18478%Property Taxes$33612%Insurance$1485%Management$28110%CapEx$1405%Vacancy$1696%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,772

Downpayment

20%

$82,640

Closing costs

1%

$4,132

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,810

Total Expenses

$3,398

Mortgage P&I

78%

$2,184

Property Taxes

12%

$336

Home Insurance

5%

$148

HOA

0%

$0

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$169

Maintenance

5%

$140

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis