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321 S 14th St, Fernandina Beach, FL 32034

3 beds • 2 baths • 1621 sqft

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This property looks like a bad Airbnb investment with a projected -16.05% first-year return on $131k initial cash invested.

-16.05%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$2,832

Rent

-$1,748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,832 income − $4,580 expenses = $1,748 out of pocket

Income$2,832Out of Pocket$1,748Mortgage P&I$2,64894%Property Taxes$38814%Insurance$1857%Management$42515%CapEx$1134%Maintenance$1134%Other$70825%

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,368

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,832

Total Expenses

$4,580

Mortgage P&I

94%

$2,648

Property Taxes

14%

$388

Home Insurance

7%

$185

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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