REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,048 (target)

2447 Foster Ln, Sarasota, FL 34239

3 beds • 2 baths • 1508 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.61% first-year return on $84,150 initial cash invested.

8.61%

Cash On Cash

8.94%

Cap Rate

1.48

DSCR

$4,048

Rent

$604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,048 income − $3,444 expenses = $604 cash flow

Income$4,048Mortgage P&I$1,58039%Property Taxes$3789%Insurance$1103%Management$48612%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44511%Cash Flow$604

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,048

Total Expenses

$3,444

Mortgage P&I

39%

$1,580

Property Taxes

9%

$378

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$445

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis