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2946 N Ocean Shore Blvd, Flagler Beach, FL 32136
3 beds • 4 baths • 2815 sqft
$1,499,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -22.06% first-year return on $333k initial cash invested.
-22.06%
Cash On Cash
1.22%
Cap Rate
0.2
DSCR
$3,297
Rent
-$6,118
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,297 income − $9,415 expenses = $6,118 out of pocket
Investment Breakdown
|
Purchase Price
$1499k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$333k
Downpayment
20%
$300k
Closing costs
1%
$14,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,297
Total Expenses
$9,415
Mortgage P&I
228%
$7,514
Property Taxes
8%
$254
Home Insurance
16%
$525
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363