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3101 Bispham Rd, Sarasota, FL 34231

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Airbnb investment with a projected -3.75% first-year return on $99,900 initial cash invested.

-3.75%

Cash On Cash

5.53%

Cap Rate

0.92

DSCR

$4,092

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,092 income − $4,404 expenses = $312 out of pocket

Income$4,092Out of Pocket$312Mortgage P&I$1,94448%Property Taxes$3599%Insurance$1363%Management$61415%CapEx$1644%Maintenance$1644%Other$1,02325%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,900

Downpayment

20%

$78,000

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,092

Total Expenses

$4,404

Mortgage P&I

48%

$1,944

Property Taxes

9%

$359

Home Insurance

3%

$136

HOA

0%

$0

Property Management

15%

$614

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,023

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