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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 -20.57% first-year return on $163k initial cash invested.

-20.57%

Cash On Cash

1.34%

Cap Rate

0.22

DSCR

$2,897

Rent

-$2,789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,897 income − $5,686 expenses = $2,789 out of pocket

Income$2,897Out of Pocket$2,789Mortgage P&I$3,444119%Property Taxes$51318%Insurance$2549%HOA$843%Management$43515%CapEx$1164%Maintenance$1164%Other$72425%

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

$2,897

Total Expenses

$5,686

Mortgage P&I

119%

$3,444

Property Taxes

18%

$513

Home Insurance

9%

$254

HOA

3%

$84

Property Management

15%

$435

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$724

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