5 of 5 properties · ✕ Clear filters · Search: “601 W Ocean Dr Dr Unit 203a” — 5 result(s)
3.5% down, great for first-time buyers
Down Payment: $12,250
Loan Amount: $343,661
Fees / MIP: $5,911
Closing Costs: $10,500
Reserves (3mo): $7,220
Total Cash Needed: $29,970
Mortgage P&I+MIP: $2,406.67
Property Tax: $568.75
Insurance: $160.00
HOA: $0.00
Maint + CapEx: $408.34
Vacancy + Mgmt: $296.53
Total: $3,840.28/mo
Market Rent (all units): $2,281
Your Rental Income: $2,281
Cashflow: $-1,559/mo
Annual: $-18,712/yr
Cash-on-Cash ROI: -62.4%
Cap Rate: 2.9% · DSCR: 0.35x
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $11,400 | +$12,540 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
3.5% down, great for first-time buyers
Down Payment: $19,215
Loan Amount: $539,056
Fees / MIP: $9,271
Closing Costs: $16,470
Reserves (3mo): $11,325
Total Cash Needed: $47,010
Mortgage P&I+MIP: $3,775.04
Property Tax: $892.12
Insurance: $179.07
HOA: $1,787.00
Maint + CapEx: $640.50
Vacancy + Mgmt: $308.83
Total: $7,582.56/mo
Market Rent (all units): $2,376
Your Rental Income: $2,376
Cashflow: $-5,207/mo
Annual: $-62,484/yr
Cash-on-Cash ROI: -132.9%
Cap Rate: -3.1% · DSCR: -0.38x
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $12,758 | +$14,034 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
3.5% down, great for first-time buyers
Down Payment: $19,250
Loan Amount: $540,038
Fees / MIP: $9,288
Closing Costs: $16,500
Reserves (3mo): $11,346
Total Cash Needed: $47,096
Mortgage P&I+MIP: $3,781.91
Property Tax: $893.75
Insurance: $179.07
HOA: $2,008.00
Maint + CapEx: $641.66
Vacancy + Mgmt: $308.99
Total: $7,813.38/mo
Market Rent (all units): $2,377
Your Rental Income: $2,377
Cashflow: $-5,437/mo
Annual: $-65,238/yr
Cash-on-Cash ROI: -138.5%
Cap Rate: -3.6% · DSCR: -0.44x
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $12,758 | +$14,034 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
3.5% down, great for first-time buyers
Down Payment: $19,215
Loan Amount: $539,056
Fees / MIP: $9,271
Closing Costs: $16,470
Reserves (3mo): $11,325
Total Cash Needed: $47,010
Mortgage P&I+MIP: $3,775.04
Property Tax: $892.12
Insurance: $179.20
HOA: $2,008.00
Maint + CapEx: $640.50
Vacancy + Mgmt: $308.91
Total: $7,803.78/mo
Market Rent (all units): $2,376
Your Rental Income: $2,376
Cashflow: $-5,428/mo
Annual: $-65,130/yr
Cash-on-Cash ROI: -138.6%
Cap Rate: -3.6% · DSCR: -0.44x
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $12,768 | +$14,045 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
3.5% down, great for first-time buyers
Down Payment: $17,465
Loan Amount: $489,962
Fees / MIP: $8,427
Closing Costs: $14,970
Reserves (3mo): $10,294
Total Cash Needed: $42,729
Mortgage P&I+MIP: $3,431.22
Property Tax: $810.88
Insurance: $164.53
HOA: $2,008.00
Maint + CapEx: $582.16
Vacancy + Mgmt: $302.51
Total: $7,299.30/mo
Market Rent (all units): $2,327
Your Rental Income: $2,327
Cashflow: $-4,972/mo
Annual: $-59,668/yr
Cash-on-Cash ROI: -139.6%
Cap Rate: -3.7% · DSCR: -0.45x
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $11,723 | +$12,895 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
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