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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 -21.29% first-year return on $163k initial cash invested.

-21.29%

Cash On Cash

1.16%

Cap Rate

0.19

DSCR

$2,707

Rent

-$2,887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,707 income − $5,594 expenses = $2,887 out of pocket

Income$2,707Out of Pocket$2,887Mortgage P&I$3,444127%Property Taxes$51319%Insurance$2549%HOA$843%Management$40615%CapEx$1084%Maintenance$1084%Other$67725%

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

$2,707

Total Expenses

$5,594

Mortgage P&I

127%

$3,444

Property Taxes

19%

$513

Home Insurance

9%

$254

HOA

3%

$84

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$677

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