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54 Ocean St, Palm Coast, FL 32137

5 beds • 6 baths • 3639 sqft

$1,098,999

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This property looks like a bad Airbnb investment with a projected -6.3% first-year return on $261k initial cash invested.

-6.3%

Cash On Cash

4.96%

Cap Rate

0.82

DSCR

$9,727

Rent

-$1,369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,727 income − $11,096 expenses = $1,369 out of pocket

Income$9,727Out of Pocket$1,369Mortgage P&I$5,51857%Property Taxes$5245%Insurance$3854%Management$1,45915%CapEx$3894%Maintenance$3894%Other$2,43225%

Investment Breakdown

|

Purchase Price

$1099k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$261k

Downpayment

20%

$220k

Closing costs

1%

$10,990

Rehab

0%

$0

Furnishing

3%

$30,000

Cashflow

Total Income

$9,727

Total Expenses

$11,096

Mortgage P&I

57%

$5,518

Property Taxes

5%

$524

Home Insurance

4%

$385

HOA

0%

$0

Property Management

15%

$1,459

CapEx

4%

$389

Vacancy

0%

$0

Maintenance

4%

$389

Other

25%

$2,432

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