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1606 SANDY SPRINGS Drive, Fleming Island, FL 32003
3 beds • 2 baths • 2145 sqft
$507,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -10.71% first-year return on $124k initial cash invested.
-10.71%
Cash On Cash
3.59%
Cap Rate
0.61
DSCR
$3,550
Rent
-$1,111
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,550 income − $4,661 expenses = $1,111 out of pocket
Investment Breakdown
|
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
$3,550
Total Expenses
$4,661
Mortgage P&I
70%
$2,487
Property Taxes
8%
$283
Home Insurance
5%
$182
HOA
0%
$5
Property Management
15%
$532
CapEx
4%
$142
Vacancy
0%
$0
Maintenance
4%
$142
Other
25%
$888