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1016 Greer Dr, Sarasota, FL 34237

3 beds • 2 baths • 1763 sqft

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This property looks like a bad Airbnb investment with a projected -0.81% first-year return on $98,871 initial cash invested.

-0.81%

Cash On Cash

6.36%

Cap Rate

1.05

DSCR

$4,024

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,871

Downpayment

20%

$77,020

Closing costs

1%

$3,851

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,024

Total Expenses

$4,091

Mortgage P&I

48%

$1,947

Property Taxes

3%

$124

Home Insurance

2%

$88

HOA

0%

$0

Property Management

15%

$604

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,006

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