REI Lense

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$2,237 (target)

95110 Ventures Ct, Fernandina Beach, FL 32034

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -4.61% first-year return on $70,056 initial cash invested.

-4.61%

Cash On Cash

5.36%

Cap Rate

0.9

DSCR

$2,237

Rent

-$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,237 income − $2,506 expenses = $269 out of pocket

Income$2,237Out of Pocket$269Mortgage P&I$1,64674%Property Taxes$1296%Insurance$1165%HOA$331%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,056

Downpayment

20%

$66,720

Closing costs

1%

$3,336

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,237

Total Expenses

$2,506

Mortgage P&I

74%

$1,646

Property Taxes

6%

$129

Home Insurance

5%

$116

HOA

1%

$33

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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