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$3,067 (target)

812 S Fletcher Ave, Fernandina Beach, FL 32034

3 beds • 2 baths • 1686 sqft

$2,700,000

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This property looks like a bad Long-Term investment with a projected -33.45% first-year return on $567k initial cash invested.

-33.45%

Cash On Cash

-0.33%

Cap Rate

-0.05

DSCR

$3,067

Rent

-$15,805

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,067 income − $18,872 expenses = $15,805 out of pocket

Income$3,067Out of Pocket$15,805Mortgage P&I$14,919486%Property Taxes$2,21172%Insurance$94531%Management$30710%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

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Purchase Price

$2700k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$567k

Downpayment

20%

$540k

Closing costs

1%

$27,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,067

Total Expenses

$18,872

Mortgage P&I

486%

$14,919

Property Taxes

72%

$2,211

Home Insurance

31%

$945

HOA

0%

$0

Property Management

10%

$307

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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