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3608 Fenway Dr, Sarasota, FL 34232

3 beds • 2 baths • 1361 sqft

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This property looks like a bad Airbnb investment with a projected -1.02% first-year return on $92,550 initial cash invested.

-1.02%

Cash On Cash

6.06%

Cap Rate

1.04

DSCR

$3,644

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,644 income − $3,723 expenses = $79 out of pocket

Income$3,644Out of Pocket$79Mortgage P&I$1,72547%Property Taxes$1243%Insurance$1243%Management$54715%CapEx$1464%Maintenance$1464%Other$91125%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,644

Total Expenses

$3,723

Mortgage P&I

47%

$1,725

Property Taxes

3%

$124

Home Insurance

3%

$124

HOA

0%

$0

Property Management

15%

$547

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$911

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