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11 Rio Pinar Trl, Ormond Beach, FL 32174

3 beds • 2 baths • 2120 sqft

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This property looks like a bad Airbnb investment with a projected -17.83% first-year return on $101k initial cash invested.

-17.83%

Cash On Cash

1.67%

Cap Rate

0.28

DSCR

$1,978

Rent

-$1,500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $3,478 expenses = $1,500 out of pocket

Income$1,978Out of Pocket$1,500Mortgage P&I$1,971100%Property Taxes$32216%Insurance$1457%HOA$915%Management$29715%CapEx$794%Maintenance$794%Other$49425%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,980

Closing costs

1%

$3,949

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,978

Total Expenses

$3,478

Mortgage P&I

100%

$1,971

Property Taxes

16%

$322

Home Insurance

7%

$145

HOA

5%

$91

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$494

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