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$4,407 (target)

23700 Arrigo Blvd, Fernandina Beach, FL 32034

3 beds • 2 baths • 1921 sqft

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This property might be a fair Mid-Term investment with a projected 6.48% first-year return on $95,511 initial cash invested.

6.48%

Cash On Cash

8.23%

Cap Rate

1.38

DSCR

$4,407

Rent

$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,407 income − $3,891 expenses = $516 cash flow

Income$4,407Mortgage P&I$1,83942%Property Taxes$3919%Insurance$1363%HOA$271%Management$52912%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48511%Cash Flow$516

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,511

Downpayment

20%

$73,820

Closing costs

1%

$3,691

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,407

Total Expenses

$3,891

Mortgage P&I

42%

$1,839

Property Taxes

9%

$391

Home Insurance

3%

$136

HOA

1%

$27

Property Management

12%

$529

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$485

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