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$5,019 (target)

32405 SUNNY PARKE Drive, Fernandina Beach, FL 32034

3 beds • 2 baths • 1937 sqft

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This property looks like a bad Mid-Term investment with a projected -0.37% first-year return on $130k initial cash invested.

-0.37%

Cash On Cash

6.28%

Cap Rate

1.06

DSCR

$5,019

Rent

-$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,019 income − $5,059 expenses = $40 out of pocket

Income$5,019Out of Pocket$40Mortgage P&I$2,63252%Property Taxes$48410%Insurance$1964%HOA$401%Management$60212%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55211%

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,335

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,019

Total Expenses

$5,059

Mortgage P&I

52%

$2,632

Property Taxes

10%

$484

Home Insurance

4%

$196

HOA

1%

$40

Property Management

12%

$602

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$552

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