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$3,496 (target)

824 S 10TH Street, Fernandina Beach, FL 32034

3 beds • 2 baths • 1044 sqft

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This property looks like a bad Mid-Term investment with a projected -4.63% first-year return on $112k initial cash invested.

-4.63%

Cash On Cash

5.2%

Cap Rate

0.87

DSCR

$3,496

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,496 income − $3,930 expenses = $434 out of pocket

Income$3,496Out of Pocket$434Mortgage P&I$2,24364%Property Taxes$33910%Insurance$1585%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,998

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,496

Total Expenses

$3,930

Mortgage P&I

64%

$2,243

Property Taxes

10%

$339

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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