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34056 Lavender Parke Dr, Fernandina Beach, FL 32034
3 beds • 2 baths • 2080 sqft
$502,900
View on ZillowThis property looks like a bad Mid-Term investment with a projected -8.63% first-year return on $124k initial cash invested.
-8.63%
Cash On Cash
4.63%
Cap Rate
0.73
DSCR
$4,330
Rent
-$889
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,330 income − $5,219 expenses = $889 out of pocket
Investment Breakdown
|
Purchase Price
$503k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$101k
Closing costs
1%
$5,029
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,330
Total Expenses
$5,219
Mortgage P&I
61%
$2,658
Property Taxes
10%
$437
Home Insurance
4%
$182
HOA
11%
$470
Property Management
12%
$520
CapEx
4%
$173
Vacancy
3%
$130
Maintenance
4%
$173
Other
11%
$476