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2946 N Ocean Shore Blvd, Flagler Beach, FL 32136
3 beds • 4 baths • 2815 sqft
$1,499,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -20.95% first-year return on $333k initial cash invested.
-20.95%
Cash On Cash
1.52%
Cap Rate
0.25
DSCR
$4,774
Rent
-$5,811
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,774 income − $10,585 expenses = $5,811 out of pocket
Investment Breakdown
|
Purchase Price
$1499k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$333k
Downpayment
20%
$300k
Closing costs
1%
$14,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,774
Total Expenses
$10,585
Mortgage P&I
157%
$7,514
Property Taxes
5%
$254
Home Insurance
11%
$525
HOA
0%
$0
Property Management
15%
$716
CapEx
4%
$191
Vacancy
0%
$0
Maintenance
4%
$191
Other
25%
$1,194