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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 -19.59% first-year return on $163k initial cash invested.

-19.59%

Cash On Cash

1.59%

Cap Rate

0.27

DSCR

$3,151

Rent

-$2,657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,151 income − $5,808 expenses = $2,657 out of pocket

Income$3,151Out of Pocket$2,657Mortgage P&I$3,444109%Property Taxes$51316%Insurance$2548%HOA$843%Management$47315%CapEx$1264%Maintenance$1264%Other$78825%

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

$3,151

Total Expenses

$5,808

Mortgage P&I

109%

$3,444

Property Taxes

16%

$513

Home Insurance

8%

$254

HOA

3%

$84

Property Management

15%

$473

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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