REI Lense

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$3,582 (target)

988 Deer Springs Rd, Port Orange, FL 32129

3 beds • 2 baths • 1568 sqft

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This property might be a fair Mid-Term investment with a projected 4.91% first-year return on $87,741 initial cash invested.

4.91%

Cash On Cash

7.65%

Cap Rate

1.31

DSCR

$3,582

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,741

Downpayment

20%

$66,420

Closing costs

1%

$3,321

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,582

Total Expenses

$3,223

Mortgage P&I

45%

$1,614

Property Taxes

7%

$256

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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