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2366 BELEN DRIVE, Deltona, FL 32738

3 beds • 2 baths • 2322 sqft

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This property looks like a bad Airbnb investment with a projected -13.54% first-year return on $96,960 initial cash invested.

-13.54%

Cash On Cash

3.01%

Cap Rate

0.49

DSCR

$2,974

Rent

-$1,094

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,974 income − $4,068 expenses = $1,094 out of pocket

Income$2,974Out of Pocket$1,094Mortgage P&I$1,91965%Property Taxes$58920%Insurance$1324%Management$44615%CapEx$1194%Maintenance$1194%Other$74425%

Investment Breakdown

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Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,960

Downpayment

20%

$75,200

Closing costs

1%

$3,760

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,974

Total Expenses

$4,068

Mortgage P&I

65%

$1,919

Property Taxes

20%

$589

Home Insurance

4%

$132

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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