Go there http://bitcoinwisdom.com/bitcoin/calculator
Power cost want to look at. Power cost is what going to get you on a S3 now.
Power cost is huge with S3 being older you really need very cheap/free electricity. They just are a few generations behind. The calculator above is great to see your ROI chances, make sure on electricity to include taxes or fee's.
But also on S3+ it stops you from getting one that was a batch 1 dud. Some batch ones worked great others ran slow. It was big enough they did give a portion of sale back. But if you get one that is plain S3 know what it hashes at so you pay proper. They are like tanks though and pretty much keep working.