Real Estate

621 Elk River Dr, Ormond Beach, FL 32174

Property Details for 621 Elk River Dr, Ormond Beach, FL 32174

Property Detail Name Property Detail Value
Address 621 Elk River Dr, Ormond Beach, FL 32174
Property Type Single Family
Price $649,500
Price Change $0
Tax Assessed Value $414,761
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 2,091.0
Lot Area 9147.6
Lot Area Unit SQFT
Year Built 2016

Financial Summary for 621 Elk River Dr, Ormond Beach, FL 32174

Financial Metric Name Financial Metric Value
Cash on Cash Return -8.0%
Monthly Rent $3,057
Net Operating Income $2,769
Cap Rate 5.1%
Monthly Cash Flow -$868
Gross Rent Multiplier 17.7
Debt Service Coverage Ratio 0.9
Principal and Interest $3,247
Tax $390
HOA Fees $93
Insurance $195
Total Payment $3,925