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18 Belted Kingfisher Rd, Fernandina Beach, FL 32034

3 beds • 2 baths • 1680 sqft

$1,198,200

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This property looks like a bad Airbnb investment with a projected -15.76% first-year return on $270k initial cash invested.

-15.76%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$6,873

Rent

-$3,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$6,873

Total Expenses

$10,415

Mortgage P&I

87%

$5,975

Property Taxes

7%

$480

Home Insurance

7%

$453

HOA

3%

$208

Property Management

15%

$1,031

CapEx

4%

$275

Vacancy

0%

$0

Maintenance

4%

$275

Other

25%

$1,718

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