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$5,340 (target)

354 MONTGOMERY AVENUE, Sarasota, FL 34243

3 beds • 3 baths • 1986 sqft

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This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $121k initial cash invested.

1.53%

Cash On Cash

7.4%

Cap Rate

1.14

DSCR

$5,340

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,340 income − $5,185 expenses = $155 cash flow

Income$5,340Mortgage P&I$2,66950%Property Taxes$4809%Insurance$2204%Management$64112%CapEx$2144%Vacancy$1603%Maintenance$2144%Other$58711%Cash Flow$155

Investment Breakdown

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Purchase Price

$492k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,480

Closing costs

1%

$4,924

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,340

Total Expenses

$5,185

Mortgage P&I

50%

$2,669

Property Taxes

9%

$480

Home Insurance

4%

$220

HOA

0%

$0

Property Management

12%

$641

CapEx

4%

$214

Vacancy

3%

$160

Maintenance

4%

$214

Other

11%

$587

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