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116 Briargate Look, Ormond Beach, FL 32174

3 beds • 3 baths • 2650 sqft

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This property looks like a bad Airbnb investment with a projected -22.37% first-year return on $185k initial cash invested.

-22.37%

Cash On Cash

0.7%

Cap Rate

0.12

DSCR

$2,633

Rent

-$3,442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$794k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,936

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,633

Total Expenses

$6,075

Mortgage P&I

144%

$3,801

Property Taxes

24%

$632

Home Insurance

11%

$289

HOA

3%

$90

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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