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1724 Lake Reserve Dr, Deland, FL 32724

3 beds • 3 baths • 2010 sqft

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This property looks like a bad Airbnb investment with a projected -10.8% first-year return on $123k initial cash invested.

-10.8%

Cash On Cash

3.55%

Cap Rate

0.61

DSCR

$3,579

Rent

-$1,105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,579

Total Expenses

$4,684

Mortgage P&I

68%

$2,437

Property Taxes

3%

$109

Home Insurance

5%

$175

HOA

7%

$245

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$895

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