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1751 Floyd St, Sarasota, FL 34239

4 beds • 5 baths • 2881 sqft

$1,550,000

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This property looks like a bad Airbnb investment with a projected -7.77% first-year return on $350k initial cash invested.

-7.77%

Cash On Cash

4.46%

Cap Rate

0.76

DSCR

$11,344

Rent

-$2,262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$350k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$11,344

Total Expenses

$13,606

Mortgage P&I

67%

$7,575

Property Taxes

0%

$43

Home Insurance

5%

$542

HOA

0%

$0

Property Management

15%

$1,702

CapEx

4%

$454

Vacancy

0%

$0

Maintenance

4%

$454

Other

25%

$2,836

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