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$4,932 (target)

3140 Espanola Dr, Sarasota, FL 34239

3 beds • 3 baths • 2248 sqft

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This property might be a fair Long-Term investment with a projected 6.3% first-year return on $111k initial cash invested.

6.3%

Cash On Cash

7.93%

Cap Rate

1.31

DSCR

$4,932

Rent

$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,932 income − $4,348 expenses = $584 cash flow

Income$4,932Mortgage P&I$2,67054%Property Taxes$2104%Insurance$1854%Management$49310%CapEx$2475%Vacancy$2966%Maintenance$2475%Cash Flow$584

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,298

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,932

Total Expenses

$4,348

Mortgage P&I

54%

$2,670

Property Taxes

4%

$210

Home Insurance

4%

$185

HOA

0%

$0

Property Management

10%

$493

CapEx

5%

$247

Vacancy

6%

$296

Maintenance

5%

$247

Other

0%

$0

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