REI Lense

REI Lense

Unlock all features! Tap here to upgrade

39 Lakebluff Dr, Ormond Beach, FL 32174

3 beds • 2 baths • 1918 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.87% first-year return on $102k initial cash invested.

-13.87%

Cash On Cash

2.96%

Cap Rate

0.48

DSCR

$2,688

Rent

-$1,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $3,868 expenses = $1,180 out of pocket

Income$2,688Out of Pocket$1,180Mortgage P&I$2,06177%Property Taxes$27110%Insurance$1455%HOA$1004%Management$40315%CapEx$1084%Maintenance$1084%Other$67225%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,080

Closing costs

1%

$4,004

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$3,868

Mortgage P&I

77%

$2,061

Property Taxes

10%

$271

Home Insurance

5%

$145

HOA

4%

$100

Property Management

15%

$403

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis