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610 Woodbridge Dr, Ormond Beach, FL 32174

3 beds • 3 baths • 2806 sqft

$1,506,200

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This property looks like a bad Airbnb investment with a projected -29.08% first-year return on $334k initial cash invested.

-29.08%

Cash On Cash

-0.34%

Cap Rate

-0.06

DSCR

$2,669

Rent

-$8,101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,669 income − $10,770 expenses = $8,101 out of pocket

Income$2,669Out of Pocket$8,101Mortgage P&I$7,572284%Property Taxes$1,26747%Insurance$55521%HOA$954%Management$40015%CapEx$1074%Maintenance$1074%Other$66725%

Investment Breakdown

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Purchase Price

$1506k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$334k

Downpayment

20%

$301k

Closing costs

1%

$15,062

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,669

Total Expenses

$10,770

Mortgage P&I

284%

$7,572

Property Taxes

47%

$1,267

Home Insurance

21%

$555

HOA

4%

$95

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$667

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