Real Estate

4244 S Fletcher Ave, Fernandina Beach, FL 32034

Property Details for 4244 S Fletcher Ave, Fernandina Beach, FL 32034

Property Detail Name Property Detail Value
Address 4244 S Fletcher Ave, Fernandina Beach, FL 32034
Property Type Single Family
Price $6,995,000
Price Change -$305,000
Tax Assessed Value $3,462,923
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 7.0
Living Area 5,860.0
Lot Area 0.7934
Lot Area Unit ACRES
Year Built 2008

Financial Summary for 4244 S Fletcher Ave, Fernandina Beach, FL 32034

Financial Metric Name Financial Metric Value
Cash on Cash Return -27.8%
Monthly Rent $7,959
Net Operating Income $5,860
Cap Rate 1.0%
Monthly Cash Flow -$32,436
Gross Rent Multiplier 73.2
Debt Service Coverage Ratio 0.2
Principal and Interest $34,565
Tax $3,731
HOA Fees $0
Insurance $2,099
Total Payment $40,395