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120 Black Hickory Way, Ormond Beach, FL 32174

3 beds • 2 baths • 1931 sqft

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This property looks like a bad Airbnb investment with a projected -17.72% first-year return on $110k initial cash invested.

-17.72%

Cash On Cash

1.69%

Cap Rate

0.29

DSCR

$2,104

Rent

-$1,630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,960

Closing costs

1%

$4,398

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,104

Total Expenses

$3,734

Mortgage P&I

103%

$2,166

Property Taxes

12%

$254

Home Insurance

8%

$161

HOA

7%

$143

Property Management

15%

$316

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$526

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