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1606 SANDY SPRINGS Drive, Fleming Island, FL 32003

3 beds • 2 baths • 2145 sqft

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This property looks like a bad Airbnb investment with a projected -4.95% first-year return on $124k initial cash invested.

-4.95%

Cash On Cash

5.12%

Cap Rate

0.87

DSCR

$4,700

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,070

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,700

Total Expenses

$5,213

Mortgage P&I

53%

$2,487

Property Taxes

6%

$283

Home Insurance

4%

$182

HOA

0%

$5

Property Management

15%

$705

CapEx

4%

$188

Vacancy

0%

$0

Maintenance

4%

$188

Other

25%

$1,175

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