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104 Whispering Sands Dr #V-27, Sarasota, FL 34242

3 beds • 2 baths • 1562 sqft

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This property looks like a bad Airbnb investment with a projected -6.73% first-year return on $177k initial cash invested.

-6.73%

Cash On Cash

4.95%

Cap Rate

0.84

DSCR

$9,676

Rent

-$995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,676 income − $10,671 expenses = $995 out of pocket

Income$9,676Out of Pocket$995Mortgage P&I$3,73739%Property Taxes$2853%Insurance$2663%HOA$1,73918%Management$1,45115%CapEx$3874%Maintenance$3874%Other$2,41925%

Investment Breakdown

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Purchase Price

$759k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$152k

Closing costs

1%

$7,590

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,676

Total Expenses

$10,671

Mortgage P&I

39%

$3,737

Property Taxes

3%

$285

Home Insurance

3%

$266

HOA

18%

$1,739

Property Management

15%

$1,451

CapEx

4%

$387

Vacancy

0%

$0

Maintenance

4%

$387

Other

25%

$2,419

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