REI Lense

REI Lense

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$4,051 (target)

2436 Breakwater Cir, Sarasota, FL 34231

3 beds • 2 baths • 1468 sqft

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This property could be a profitable Long-Term investment with a projected 14.05% first-year return on $75,600 initial cash invested.

14.05%

Cash On Cash

9.48%

Cap Rate

1.62

DSCR

$4,051

Rent

$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,051

Total Expenses

$3,166

Mortgage P&I

43%

$1,756

Property Taxes

6%

$230

Home Insurance

3%

$126

HOA

0%

$0

Property Management

10%

$405

CapEx

5%

$203

Vacancy

6%

$243

Maintenance

5%

$203

Other

0%

$0

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