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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 -23.27% first-year return on $479k initial cash invested.

-23.27%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$10,820

Rent

-$9,288

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

$10,820

Total Expenses

$20,108

Mortgage P&I

100%

$10,860

Property Taxes

7%

$786

Home Insurance

7%

$768

HOA

23%

$2,500

Property Management

15%

$1,623

CapEx

4%

$433

Vacancy

0%

$0

Maintenance

4%

$433

Other

25%

$2,705

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