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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 Mid-Term investment with a projected -5.7% first-year return on $80,790 initial cash invested.
-5.7%
Cash On Cash
5.22%
Cap Rate
0.84
DSCR
$3,376
Rent
-$384
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,376 income − $3,760 expenses = $384 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,376
Total Expenses
$3,760
Mortgage P&I
46%
$1,550
Property Taxes
16%
$533
Home Insurance
3%
$105
HOA
13%
$425
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371