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$3,560 (target)

354 MONTGOMERY AVENUE, Sarasota, FL 34243

3 beds • 3 baths • 1986 sqft

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This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $103k initial cash invested.

-8.53%

Cash On Cash

5.15%

Cap Rate

0.79

DSCR

$3,560

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,560 income − $4,295 expenses = $735 out of pocket

Income$3,560Out of Pocket$735Mortgage P&I$2,66975%Property Taxes$48013%Insurance$2206%Management$35610%CapEx$1785%Vacancy$2146%Maintenance$1785%

Investment Breakdown

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Purchase Price

$492k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$98,480

Closing costs

1%

$4,924

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,560

Total Expenses

$4,295

Mortgage P&I

75%

$2,669

Property Taxes

13%

$480

Home Insurance

6%

$220

HOA

0%

$0

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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