REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,949 (target)

8247 Residence Ct, Fernandina Beach, FL 32034

3 beds • 3 baths • 2342 sqft

$1,293,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -26.35% first-year return on $272k initial cash invested.

-26.35%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$2,949

Rent

-$5,962

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $8,911 expenses = $5,962 out of pocket

Income$2,949Out of Pocket$5,962Mortgage P&I$6,413217%Property Taxes$59120%Insurance$47216%HOA$66923%Management$29510%CapEx$1475%Vacancy$1776%Maintenance$1475%

Investment Breakdown

|

Purchase Price

$1293k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$272k

Downpayment

20%

$259k

Closing costs

1%

$12,930

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,949

Total Expenses

$8,911

Mortgage P&I

217%

$6,413

Property Taxes

20%

$591

Home Insurance

16%

$472

HOA

23%

$669

Property Management

10%

$295

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis