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$3,513 (target)

9046 3RD STREET N, Saint Petersburg, FL 33702

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Mid-Term investment with a projected -4.1% first-year return on $111k initial cash invested.

-4.1%

Cash On Cash

5.44%

Cap Rate

0.89

DSCR

$3,513

Rent

-$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,513 income − $3,894 expenses = $381 out of pocket

Income$3,513Out of Pocket$381Mortgage P&I$2,25864%Property Taxes$2858%Insurance$1564%Management$42212%CapEx$1414%Vacancy$1053%Maintenance$1414%Other$38611%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,513

Total Expenses

$3,894

Mortgage P&I

64%

$2,258

Property Taxes

8%

$285

Home Insurance

4%

$156

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$105

Maintenance

4%

$141

Other

11%

$386

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