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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 Mid-Term investment with a projected -11.74% first-year return on $127k initial cash invested.

-11.74%

Cash On Cash

3.3%

Cap Rate

0.57

DSCR

$3,942

Rent

-$1,241

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

$3,942

Total Expenses

$5,183

Mortgage P&I

64%

$2,508

Property Taxes

8%

$296

Home Insurance

5%

$192

HOA

21%

$846

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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