REI Lense

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$2,861 (target)

95025 Palm Pointe Dr N, Fernandina Beach, FL 32034

3 beds • 2 baths • 2228 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $115k initial cash invested.

-12.1%

Cash On Cash

3.68%

Cap Rate

0.62

DSCR

$2,861

Rent

-$1,157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,861 income − $4,018 expenses = $1,157 out of pocket

Income$2,861Out of Pocket$1,157Mortgage P&I$2,69094%Property Taxes$29210%Insurance$2007%HOA$923%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

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Purchase Price

$546k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$109k

Closing costs

1%

$5,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,861

Total Expenses

$4,018

Mortgage P&I

94%

$2,690

Property Taxes

10%

$292

Home Insurance

7%

$200

HOA

3%

$92

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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