1122 San Fernando St, Fernandina Beach, FL 32034
3 beds • 4 baths • 2467 sqft
$1,629,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -30.21% first-year return on $342k initial cash invested.
-30.21%
Cash On Cash
0.24%
Cap Rate
0.04
DSCR
$3,951
Rent
-$8,612
Cashflow
Cash Flow
$3,951 income − $12,563 expenses = $8,612 out of pocket
Investment Breakdown
|
Purchase Price
$1629k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$342k
Downpayment
20%
$326k
Closing costs
1%
$16,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,951
Total Expenses
$12,563
Mortgage P&I
221%
$8,739
Property Taxes
56%
$2,226
Home Insurance
14%
$570
HOA
0%
$0
Property Management
10%
$395
CapEx
5%
$198
Vacancy
6%
$237
Maintenance
5%
$198
Other
0%
$0