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$2,938 (target)

23700 Arrigo Blvd, Fernandina Beach, FL 32034

3 beds • 2 baths • 1921 sqft

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This property looks like a bad Long-Term investment with a projected -3.39% first-year return on $77,511 initial cash invested.

-3.39%

Cash On Cash

5.74%

Cap Rate

0.96

DSCR

$2,938

Rent

-$219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $3,157 expenses = $219 out of pocket

Income$2,938Out of Pocket$219Mortgage P&I$1,83963%Property Taxes$39113%Insurance$1365%HOA$271%Management$29410%CapEx$1475%Vacancy$1766%Maintenance$1475%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,511

Downpayment

20%

$73,820

Closing costs

1%

$3,691

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,938

Total Expenses

$3,157

Mortgage P&I

63%

$1,839

Property Taxes

13%

$391

Home Insurance

5%

$136

HOA

1%

$27

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$176

Maintenance

5%

$147

Other

0%

$0

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