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1939 Wallace Ct, Deland, FL 32720

3 beds • 2 baths • 1951 sqft

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This property looks like a bad Airbnb investment with a projected -3.38% first-year return on $101k initial cash invested.

-3.38%

Cash On Cash

5.38%

Cap Rate

0.92

DSCR

$3,474

Rent

-$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,474

Total Expenses

$3,758

Mortgage P&I

55%

$1,916

Property Taxes

1%

$37

Home Insurance

4%

$138

HOA

0%

$0

Property Management

15%

$521

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$868

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