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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 -12.13% first-year return on $104k initial cash invested.

-12.13%

Cash On Cash

3.25%

Cap Rate

0.54

DSCR

$2,934

Rent

-$1,054

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $3,988 expenses = $1,054 out of pocket

Income$2,934Out of Pocket$1,054Mortgage P&I$2,04870%Property Taxes$2629%Insurance$1495%HOA$1214%Management$44015%CapEx$1174%Maintenance$1174%Other$73425%

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

$2,934

Total Expenses

$3,988

Mortgage P&I

70%

$2,048

Property Taxes

9%

$262

Home Insurance

5%

$149

HOA

4%

$121

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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