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915 Brookridge Ln, Ormond Beach, FL 32174

3 beds • 2 baths • 1607 sqft

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This property looks like a bad Airbnb investment with a projected -13.22% first-year return on $104k initial cash invested.

-13.22%

Cash On Cash

2.95%

Cap Rate

0.49

DSCR

$2,752

Rent

-$1,149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,752 income − $3,901 expenses = $1,149 out of pocket

Income$2,752Out of Pocket$1,149Mortgage P&I$2,04874%Property Taxes$26210%Insurance$1495%HOA$1214%Management$41315%CapEx$1104%Maintenance$1104%Other$68825%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,160

Closing costs

1%

$4,108

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,752

Total Expenses

$3,901

Mortgage P&I

74%

$2,048

Property Taxes

10%

$262

Home Insurance

5%

$149

HOA

4%

$121

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$688

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