1544 Philips Manor Rd, Fernandina Beach, FL 32034
3 beds • 3 baths • 1890 sqft
$599,900
View on ZillowThis property looks like a bad Mid-Term investment with a projected -4.51% first-year return on $144k initial cash invested.
-4.51%
Cash On Cash
5.86%
Cap Rate
0.89
DSCR
$4,754
Rent
-$541
Cashflow
Cash Flow
$4,754 income − $5,295 expenses = $541 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$5,999
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,754
Total Expenses
$5,295
Mortgage P&I
69%
$3,281
Property Taxes
4%
$188
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$570
CapEx
4%
$190
Vacancy
3%
$143
Maintenance
4%
$190
Other
11%
$523