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3 Larisa Ter, Ormond Beach, FL 32174

3 beds • 2 baths • 1752 sqft

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This property looks like a bad Airbnb investment with a projected -7.77% first-year return on $107k initial cash invested.

-7.77%

Cash On Cash

4.22%

Cap Rate

0.73

DSCR

$3,216

Rent

-$693

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,780

Closing costs

1%

$4,239

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,216

Total Expenses

$3,909

Mortgage P&I

64%

$2,056

Property Taxes

5%

$154

Home Insurance

5%

$155

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$804

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