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4 Salt Marsh Dr, Fernandina Beach, FL 32034

3 beds • 4 baths • 3420 sqft

$2,195,000

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This property looks like a bad Airbnb investment with a projected -22.93% first-year return on $479k initial cash invested.

-22.93%

Cash On Cash

1.18%

Cap Rate

0.2

DSCR

$11,083

Rent

-$9,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2195k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$479k

Downpayment

20%

$439k

Closing costs

1%

$21,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,083

Total Expenses

$20,233

Mortgage P&I

98%

$10,860

Property Taxes

7%

$786

Home Insurance

7%

$768

HOA

23%

$2,500

Property Management

15%

$1,662

CapEx

4%

$443

Vacancy

0%

$0

Maintenance

4%

$443

Other

25%

$2,771

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