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$4,268 (target)

3525 Iroquois Ave, Sarasota, FL 34234

3 beds • 2 baths • 1542 sqft

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This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $107k initial cash invested.

1.63%

Cash On Cash

7.02%

Cap Rate

1.15

DSCR

$4,268

Rent

$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,268 income − $4,123 expenses = $145 cash flow

Income$4,268Mortgage P&I$2,15050%Property Taxes$3649%Insurance$1584%Management$51212%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$46911%Cash Flow$145

Investment Breakdown

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Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,320

Closing costs

1%

$4,216

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,268

Total Expenses

$4,123

Mortgage P&I

50%

$2,150

Property Taxes

9%

$364

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$512

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$469

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