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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 Long-Term investment with a projected -14.4% first-year return on $106k initial cash invested.
-14.4%
Cash On Cash
3.13%
Cap Rate
0.53
DSCR
$2,268
Rent
-$1,278
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,268 income − $3,546 expenses = $1,278 out of pocket
Investment Breakdown
|
Purchase Price
$507k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$101k
Closing costs
1%
$5,070
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,268
Total Expenses
$3,546
Mortgage P&I
110%
$2,487
Property Taxes
12%
$283
Home Insurance
8%
$182
HOA
0%
$5
Property Management
10%
$227
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0