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95016 Piney Island Ct, Fernandina Beach, FL 32034
3 beds • 3 baths • 2062 sqft
$483,000
View on ZillowThis property might be a fair Mid-Term investment with a projected 3.91% first-year return on $119k initial cash invested.
3.91%
Cash On Cash
7.42%
Cap Rate
1.25
DSCR
$5,106
Rent
$389
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
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Purchase Price
$483k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,600
Closing costs
1%
$4,830
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,106
Total Expenses
$4,717
Mortgage P&I
47%
$2,393
Property Taxes
8%
$410
Home Insurance
3%
$178
HOA
0%
$0
Property Management
12%
$613
CapEx
4%
$204
Vacancy
3%
$153
Maintenance
4%
$204
Other
11%
$562