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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 Mid-Term investment with a projected -20.33% first-year return on $312k initial cash invested.
-20.33%
Cash On Cash
1.55%
Cap Rate
0.26
DSCR
$4,018
Rent
-$5,285
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
$312k
Downpayment
20%
$280k
Closing costs
1%
$14,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,018
Total Expenses
$9,303
Mortgage P&I
172%
$6,930
Property Taxes
13%
$516
Home Insurance
12%
$490
HOA
0%
$0
Property Management
12%
$482
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$442