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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 -15.37% first-year return on $104k initial cash invested.

-15.37%

Cash On Cash

2.44%

Cap Rate

0.4

DSCR

$2,431

Rent

-$1,333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,431 income − $3,764 expenses = $1,333 out of pocket

Income$2,431Out of Pocket$1,333Mortgage P&I$2,07085%Property Taxes$38316%Insurance$1446%Management$36515%CapEx$974%Maintenance$974%Other$60825%

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

$2,431

Total Expenses

$3,764

Mortgage P&I

85%

$2,070

Property Taxes

16%

$383

Home Insurance

6%

$144

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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