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2841 S Central Ave, Flagler Beach, FL 32136

4 beds • 4 baths • 2909 sqft

$1,095,000

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This property looks like a bad Airbnb investment with a projected -23.08% first-year return on $254k initial cash invested.

-23.08%

Cash On Cash

0.85%

Cap Rate

0.14

DSCR

$4,083

Rent

-$4,885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,083 income − $8,968 expenses = $4,885 out of pocket

Income$4,083Out of Pocket$4,885Mortgage P&I$5,498135%Property Taxes$1,11827%Insurance$3839%HOA$10Management$61215%CapEx$1634%Maintenance$1634%Other$1,02125%

Investment Breakdown

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Purchase Price

$1095k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$219k

Closing costs

1%

$10,950

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$4,083

Total Expenses

$8,968

Mortgage P&I

135%

$5,498

Property Taxes

27%

$1,118

Home Insurance

9%

$383

HOA

0%

$10

Property Management

15%

$612

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,021

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