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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 Long-Term investment with a projected -18.29% first-year return on $106k initial cash invested.
-18.29%
Cash On Cash
2.84%
Cap Rate
0.45
DSCR
$2,887
Rent
-$1,610
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,887 income − $4,497 expenses = $1,610 out of pocket
Investment Breakdown
|
Purchase Price
$503k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$101k
Closing costs
1%
$5,029
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,887
Total Expenses
$4,497
Mortgage P&I
92%
$2,658
Property Taxes
15%
$437
Home Insurance
6%
$182
HOA
16%
$470
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0