REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,945 (target)

3701 PRAIRIE DUNES DRIVE, Sarasota, FL 34238

3 beds • 3 baths • 3061 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.68% first-year return on $183k initial cash invested.

-11.68%

Cash On Cash

4.18%

Cap Rate

0.66

DSCR

$4,945

Rent

-$1,783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,945 income − $6,728 expenses = $1,783 out of pocket

Income$4,945Out of Pocket$1,783Mortgage P&I$4,57492%Property Taxes$50110%Insurance$3247%HOA$441%Management$49410%CapEx$2475%Vacancy$2976%Maintenance$2475%

Investment Breakdown

|

Purchase Price

$873k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$175k

Closing costs

1%

$8,726

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,945

Total Expenses

$6,728

Mortgage P&I

93%

$4,574

Property Taxes

10%

$501

Home Insurance

7%

$324

HOA

1%

$44

Property Management

10%

$494

CapEx

5%

$247

Vacancy

6%

$297

Maintenance

5%

$247

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis