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60 Benjamin Dr, Ormond Beach, FL 32176

3 beds • 2 baths • 1812 sqft

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This property looks like a bad Airbnb investment with a projected -1.15% first-year return on $86,355 initial cash invested.

-1.15%

Cash On Cash

5.97%

Cap Rate

1.03

DSCR

$3,275

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,355

Downpayment

20%

$65,100

Closing costs

1%

$3,255

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,275

Total Expenses

$3,358

Mortgage P&I

48%

$1,571

Property Taxes

3%

$96

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$491

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$819

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