REI Lense

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$2,268 (target)

1606 SANDY SPRINGS Drive, Fleming Island, FL 32003

3 beds • 2 baths • 2145 sqft

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This 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

Investment Breakdown

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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

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