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114 Coquina Key Dr, Ormond Beach, FL 32176

3 beds • 3 baths • 2438 sqft

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This property looks like a bad Airbnb investment with a projected -20.11% first-year return on $163k initial cash invested.

-20.11%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$3,016

Rent

-$2,727

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,016 income − $5,743 expenses = $2,727 out of pocket

Income$3,016Out of Pocket$2,727Mortgage P&I$3,444114%Property Taxes$51317%Insurance$2548%HOA$843%Management$45215%CapEx$1214%Maintenance$1214%Other$75425%

Investment Breakdown

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Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,892

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,016

Total Expenses

$5,743

Mortgage P&I

114%

$3,444

Property Taxes

17%

$513

Home Insurance

8%

$254

HOA

3%

$84

Property Management

15%

$452

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$754

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