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3705 Tangier Ter, Sarasota, FL 34239

3 beds • 3 baths • 2529 sqft

$1,990,000

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This property looks like a bad Long-Term investment with a projected -17.18% first-year return on $418k initial cash invested.

-17.18%

Cash On Cash

2.53%

Cap Rate

0.43

DSCR

$6,623

Rent

-$5,983

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1990k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$418k

Downpayment

20%

$398k

Closing costs

1%

$19,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,623

Total Expenses

$12,606

Mortgage P&I

149%

$9,851

Property Taxes

5%

$325

Home Insurance

11%

$696

HOA

0%

$13

Property Management

10%

$662

CapEx

5%

$331

Vacancy

6%

$397

Maintenance

5%

$331

Other

0%

$0

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