REI Lense

REI Lense

Unlock all features! Tap here to upgrade

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 Airbnb investment with a projected -13.12% first-year return on $290k initial cash invested.

-13.12%

Cash On Cash

3.37%

Cap Rate

0.57

DSCR

$9,576

Rent

-$3,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,576 income − $12,741 expenses = $3,165 out of pocket

Income$9,576Out of Pocket$3,165Mortgage P&I$6,41367%Property Taxes$5916%Insurance$4725%HOA$6697%Management$1,43615%CapEx$3834%Maintenance$3834%Other$2,39425%

Investment Breakdown

|

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

$9,576

Total Expenses

$12,741

Mortgage P&I

67%

$6,413

Property Taxes

6%

$591

Home Insurance

5%

$472

HOA

7%

$669

Property Management

15%

$1,436

CapEx

4%

$383

Vacancy

0%

$0

Maintenance

4%

$383

Other

25%

$2,394

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis