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$1,740 (target)

2031 4TH STREET, Sarasota, FL 34237

3 beds • 2 baths • 1397 sqft

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This property looks like a bad Mid-Term investment with a projected -6.08% first-year return on $61,764 initial cash invested.

-6.08%

Cash On Cash

4.76%

Cap Rate

0.77

DSCR

$1,740

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $2,053 expenses = $313 out of pocket

Income$1,740Out of Pocket$313Mortgage P&I$1,07061%Property Taxes$21913%Insurance$17210%Management$20912%CapEx$704%Vacancy$523%Maintenance$704%Other$19111%

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,764

Downpayment

20%

$41,680

Closing costs

1%

$2,084

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,740

Total Expenses

$2,053

Mortgage P&I

61%

$1,070

Property Taxes

13%

$219

Home Insurance

10%

$172

HOA

0%

$0

Property Management

12%

$209

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$191

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