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$4,254 (target)

2753 Sea Grove Ln, Fernandina Beach, FL 32034

3 beds • 2 baths • 2322 sqft

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This property looks like a bad Long-Term investment with a projected -14.52% first-year return on $197k initial cash invested.

-14.52%

Cash On Cash

3.22%

Cap Rate

0.54

DSCR

$4,254

Rent

-$2,387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,254 income − $6,641 expenses = $2,387 out of pocket

Income$4,254Out of Pocket$2,387Mortgage P&I$4,691110%Property Taxes$46811%Insurance$3508%HOA$261%Management$42510%CapEx$2135%Vacancy$2556%Maintenance$2135%

Investment Breakdown

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Purchase Price

$939k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$188k

Closing costs

1%

$9,393

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,254

Total Expenses

$6,641

Mortgage P&I

110%

$4,691

Property Taxes

11%

$468

Home Insurance

8%

$350

HOA

1%

$26

Property Management

10%

$425

CapEx

5%

$213

Vacancy

6%

$255

Maintenance

5%

$213

Other

0%

$0

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