3601 SHORE ACRES BOULEVARD NE, Saint Petersburg, FL 33703
3 beds • 3 baths • 2254 sqft
$405,500
View on ZillowThis property could be a profitable Mid-Term investment with a projected 37.13% first-year return on $103k initial cash invested.
37.13%
Cash On Cash
16.83%
Cap Rate
2.65
DSCR
$8,787
Rent
$3,192
Cashflow
Cash Flow
$8,787 income − $5,595 expenses = $3,192 cash flow
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,100
Closing costs
1%
$4,055
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$8,787
Total Expenses
$5,595
Mortgage P&I
24%
$2,144
Property Taxes
2%
$154
Home Insurance
4%
$310
HOA
0%
$0
Property Management
12%
$1,054
CapEx
4%
$351
Vacancy
3%
$264
Maintenance
4%
$351
Other
11%
$967