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6377 ISLAND FOREST Drive #D, Fleming Island, FL 32003
3 beds • 3 baths • 2029 sqft
$299,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -18.12% first-year return on $62,790 initial cash invested.
-18.12%
Cash On Cash
2.87%
Cap Rate
0.46
DSCR
$2,251
Rent
-$948
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,251 income − $3,199 expenses = $948 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,251
Total Expenses
$3,199
Mortgage P&I
69%
$1,550
Property Taxes
24%
$533
Home Insurance
5%
$105
HOA
19%
$425
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0