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3622 VIA DEL MAR Road, Fernandina Beach, FL 32034
3 beds • 2 baths • 2397 sqft
$761,100
View on ZillowThis property looks like a bad Long-Term investment with a projected -15.98% first-year return on $160k initial cash invested.
-15.98%
Cash On Cash
3%
Cap Rate
0.49
DSCR
$3,550
Rent
-$2,128
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,550 income − $5,678 expenses = $2,128 out of pocket
Investment Breakdown
|
Purchase Price
$761k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$152k
Closing costs
1%
$7,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,550
Total Expenses
$5,678
Mortgage P&I
109%
$3,854
Property Taxes
13%
$445
Home Insurance
13%
$455
HOA
0%
$0
Property Management
10%
$355
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0