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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 Long-Term investment with a projected -16.7% first-year return on $361k initial cash invested.
-16.7%
Cash On Cash
2.73%
Cap Rate
0.46
DSCR
$7,585
Rent
-$5,020
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,585 income − $12,605 expenses = $5,020 out of pocket
Investment Breakdown
|
Purchase Price
$1717k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$361k
Downpayment
20%
$343k
Closing costs
1%
$17,174
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,585
Total Expenses
$12,605
Mortgage P&I
113%
$8,555
Property Taxes
18%
$1,397
Home Insurance
9%
$682
HOA
0%
$0
Property Management
10%
$758
CapEx
5%
$379
Vacancy
6%
$455
Maintenance
5%
$379
Other
0%
$0