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$1,961 (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 Long-Term investment with a projected -30.18% first-year return on $326k initial cash invested.

-30.18%

Cash On Cash

-0.19%

Cap Rate

-0.03

DSCR

$1,961

Rent

-$8,198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,961 income − $10,159 expenses = $8,198 out of pocket

Income$1,961Out of Pocket$8,198Mortgage P&I$7,855401%Property Taxes$1,21662%Insurance$57829%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

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Purchase Price

$1552k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$326k

Downpayment

20%

$310k

Closing costs

1%

$15,524

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,961

Total Expenses

$10,159

Mortgage P&I

401%

$7,855

Property Taxes

62%

$1,216

Home Insurance

29%

$578

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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