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$4,424 (target)

8247 Residence Ct, Fernandina Beach, FL 32034

3 beds • 3 baths • 2342 sqft

$1,293,000

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This property looks like a bad Mid-Term investment with a projected -21.66% first-year return on $290k initial cash invested.

-21.66%

Cash On Cash

1.27%

Cap Rate

0.21

DSCR

$4,424

Rent

-$5,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,424 income − $9,650 expenses = $5,226 out of pocket

Income$4,424Out of Pocket$5,226Mortgage P&I$6,413145%Property Taxes$59113%Insurance$47211%HOA$66915%Management$53112%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48711%

Investment Breakdown

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Purchase Price

$1293k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$290k

Downpayment

20%

$259k

Closing costs

1%

$12,930

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,424

Total Expenses

$9,650

Mortgage P&I

145%

$6,413

Property Taxes

13%

$591

Home Insurance

11%

$472

HOA

15%

$669

Property Management

12%

$531

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$487

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