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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 -28.6% first-year return on $334k initial cash invested.

-28.6%

Cash On Cash

-0.22%

Cap Rate

-0.04

DSCR

$2,926

Rent

-$7,968

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,926 income − $10,894 expenses = $7,968 out of pocket

Income$2,926Out of Pocket$7,968Mortgage P&I$7,572259%Property Taxes$1,26743%Insurance$55519%HOA$953%Management$43915%CapEx$1174%Maintenance$1174%Other$73225%

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

$2,926

Total Expenses

$10,894

Mortgage P&I

259%

$7,572

Property Taxes

43%

$1,267

Home Insurance

19%

$555

HOA

3%

$95

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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