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$2,942 (target)

515 3RD Street, Neptune Beach, FL 32266

3 beds • 3 baths • 1615 sqft

$1,552,400

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -26.89% first-year return on $344k initial cash invested.

-26.89%

Cash On Cash

0.2%

Cap Rate

0.03

DSCR

$2,942

Rent

-$7,708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,942 income − $10,650 expenses = $7,708 out of pocket

Income$2,942Out of Pocket$7,708Mortgage P&I$7,855267%Property Taxes$1,21641%Insurance$57820%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$1552k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$310k

Closing costs

1%

$15,524

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$10,650

Mortgage P&I

267%

$7,855

Property Taxes

41%

$1,216

Home Insurance

20%

$578

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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