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18 Belted Kingfisher Rd, Fernandina Beach, FL 32034
3 beds • 2 baths • 1680 sqft
$1,198,200
View on ZillowThis property looks like a bad Airbnb investment with a projected -17.58% first-year return on $270k initial cash invested.
-17.58%
Cash On Cash
2.27%
Cap Rate
0.38
DSCR
$6,090
Rent
-$3,950
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,090 income − $10,040 expenses = $3,950 out of pocket
Investment Breakdown
|
Purchase Price
$1198k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$270k
Downpayment
20%
$240k
Closing costs
1%
$11,982
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,090
Total Expenses
$10,040
Mortgage P&I
98%
$5,975
Property Taxes
8%
$480
Home Insurance
7%
$453
HOA
3%
$208
Property Management
15%
$914
CapEx
4%
$244
Vacancy
0%
$0
Maintenance
4%
$244
Other
25%
$1,522