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16 Flamingo Ct, Palm Coast, FL 32137

3 beds • 3 baths • 1720 sqft

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This property looks like a bad Airbnb investment with a projected -12.02% first-year return on $102k initial cash invested.

-12.02%

Cash On Cash

3.78%

Cap Rate

0.6

DSCR

$4,215

Rent

-$1,019

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,215 income − $5,234 expenses = $1,019 out of pocket

Income$4,215Out of Pocket$1,019Mortgage P&I$2,10750%Property Taxes$78119%Insurance$1473%HOA$1754%Management$63215%CapEx$1694%Maintenance$1694%Other$1,05425%

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,720

Closing costs

1%

$3,986

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,215

Total Expenses

$5,234

Mortgage P&I

50%

$2,107

Property Taxes

19%

$781

Home Insurance

3%

$147

HOA

4%

$175

Property Management

15%

$632

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,054

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