REI Lense

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$2,674 (target)

94016 WOODBRIER Circle, Fernandina Beach, FL 32034

3 beds • 2 baths • 1806 sqft

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This property looks like a bad Long-Term investment with a projected -7.76% first-year return on $89,040 initial cash invested.

-7.76%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$2,674

Rent

-$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,674 income − $3,250 expenses = $576 out of pocket

Income$2,674Out of Pocket$576Mortgage P&I$2,10879%Property Taxes$2379%Insurance$1546%HOA$562%Management$26710%CapEx$1345%Vacancy$1606%Maintenance$1345%

Investment Breakdown

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Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,040

Downpayment

20%

$84,800

Closing costs

1%

$4,240

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,674

Total Expenses

$3,250

Mortgage P&I

79%

$2,108

Property Taxes

9%

$237

Home Insurance

6%

$154

HOA

2%

$56

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

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