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$4,304 (target)

3013 JENNINGS DRIVE, Sarasota, FL 34239

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Mid-Term investment with a projected -2.27% first-year return on $113k initial cash invested.

-2.27%

Cash On Cash

6.52%

Cap Rate

0.98

DSCR

$4,304

Rent

-$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,304 income − $4,517 expenses = $213 out of pocket

Income$4,304Out of Pocket$213Mortgage P&I$2,48958%Property Taxes$4089%Insurance$1584%Management$51612%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47311%

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,100

Closing costs

1%

$4,505

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,304

Total Expenses

$4,517

Mortgage P&I

58%

$2,489

Property Taxes

9%

$408

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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