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1509 Lakeside Ct, Fernandina Beach, FL 32034

3 beds • 2 baths • 1863 sqft

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This property looks like a bad Mid-Term investment with a projected -9.7% first-year return on $185k initial cash invested.

-9.7%

Cash On Cash

3.7%

Cap Rate

0.65

DSCR

$4,582

Rent

-$1,495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$795k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,952

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,582

Total Expenses

$6,077

Mortgage P&I

82%

$3,763

Property Taxes

9%

$398

Home Insurance

6%

$286

HOA

2%

$73

Property Management

12%

$550

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$504

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