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2869 Sandringham Pl, Sarasota, FL 34235

3 beds • 2 baths • 2281 sqft

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This property looks like a bad Airbnb investment with a projected -23.57% first-year return on $127k initial cash invested.

-23.57%

Cash On Cash

0.28%

Cap Rate

0.05

DSCR

$2,596

Rent

-$2,492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,185

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,596

Total Expenses

$5,088

Mortgage P&I

97%

$2,508

Property Taxes

11%

$296

Home Insurance

7%

$192

HOA

33%

$846

Property Management

15%

$389

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$649

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