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3108 Acoma Dr, Ormond Beach, FL 32174

3 beds • 3 baths • 2565 sqft

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This property looks like a bad Airbnb investment with a projected -24.68% first-year return on $179k initial cash invested.

-24.68%

Cash On Cash

0.96%

Cap Rate

0.15

DSCR

$2,824

Rent

-$3,685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,824 income − $6,509 expenses = $3,685 out of pocket

Income$2,824Out of Pocket$3,685Mortgage P&I$4,183148%Property Taxes$62222%Insurance$28010%HOA$682%Management$42415%CapEx$1134%Maintenance$1134%Other$70625%

Investment Breakdown

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Purchase Price

$768k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$154k

Closing costs

1%

$7,675

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,824

Total Expenses

$6,509

Mortgage P&I

148%

$4,183

Property Taxes

22%

$622

Home Insurance

10%

$280

HOA

2%

$68

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$706

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