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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 -12.22% first-year return on $102k initial cash invested.

-12.22%

Cash On Cash

3.73%

Cap Rate

0.59

DSCR

$4,180

Rent

-$1,036

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,180 income − $5,216 expenses = $1,036 out of pocket

Income$4,180Out of Pocket$1,036Mortgage P&I$2,10750%Property Taxes$78119%Insurance$1474%HOA$1754%Management$62715%CapEx$1674%Maintenance$1674%Other$1,04525%

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

$4,180

Total Expenses

$5,216

Mortgage P&I

50%

$2,107

Property Taxes

19%

$781

Home Insurance

4%

$147

HOA

4%

$175

Property Management

15%

$627

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,045

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