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1524 BRIGHTWATERS BOULEVARD NE, Saint Petersburg, FL 33704
3 beds • 4 baths • 3619 sqft
$1,717,400
View on ZillowThis property looks like a bad Mid-Term investment with a projected -9.9% first-year return on $379k initial cash invested.
-9.9%
Cash On Cash
4.11%
Cap Rate
0.69
DSCR
$11,378
Rent
-$3,124
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,378 income − $14,502 expenses = $3,124 out of pocket
Investment Breakdown
|
Purchase Price
$1717k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$379k
Downpayment
20%
$343k
Closing costs
1%
$17,174
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,378
Total Expenses
$14,502
Mortgage P&I
75%
$8,555
Property Taxes
12%
$1,397
Home Insurance
6%
$682
HOA
0%
$0
Property Management
12%
$1,365
CapEx
4%
$455
Vacancy
3%
$341
Maintenance
4%
$455
Other
11%
$1,252