REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,418 (target)

3701 PRAIRIE DUNES DRIVE, Sarasota, FL 34238

3 beds • 3 baths • 3061 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.27% first-year return on $201k initial cash invested.

-3.27%

Cash On Cash

5.94%

Cap Rate

0.95

DSCR

$7,418

Rent

-$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,418 income − $7,966 expenses = $548 out of pocket

Income$7,418Out of Pocket$548Mortgage P&I$4,57462%Property Taxes$5017%Insurance$3244%HOA$441%Management$89012%CapEx$2974%Vacancy$2233%Maintenance$2974%Other$81611%

Investment Breakdown

|

Purchase Price

$873k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$175k

Closing costs

1%

$8,726

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,418

Total Expenses

$7,966

Mortgage P&I

62%

$4,574

Property Taxes

7%

$501

Home Insurance

4%

$324

HOA

1%

$44

Property Management

12%

$890

CapEx

4%

$297

Vacancy

3%

$223

Maintenance

4%

$297

Other

11%

$816

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis