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1411 N Beach St, Ormond Beach, FL 32174

3 beds • 2 baths • 2021 sqft

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This property looks like a bad Airbnb investment with a projected -13.82% first-year return on $104k initial cash invested.

-13.82%

Cash On Cash

2.87%

Cap Rate

0.47

DSCR

$2,691

Rent

-$1,199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,691 income − $3,890 expenses = $1,199 out of pocket

Income$2,691Out of Pocket$1,199Mortgage P&I$2,07077%Property Taxes$38314%Insurance$1445%Management$40415%CapEx$1084%Maintenance$1084%Other$67325%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,691

Total Expenses

$3,890

Mortgage P&I

77%

$2,070

Property Taxes

14%

$383

Home Insurance

5%

$144

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$673

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