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1619 N Fletcher Ave, Fernandina Beach, FL 32034
3 beds • 2 baths • 1875 sqft
$1,400,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -24.3% first-year return on $294k initial cash invested.
-24.3%
Cash On Cash
0.95%
Cap Rate
0.16
DSCR
$2,679
Rent
-$5,954
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$1400k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$14,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,679
Total Expenses
$8,633
Mortgage P&I
259%
$6,930
Property Taxes
19%
$516
Home Insurance
18%
$490
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0