REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,957 (target)

3825 Wilshire Cir #1, Sarasota, FL 34238

3 beds • 2 baths • 2223 sqft

Email

This property might be a fair Long-Term investment with a projected 3.5% first-year return on $70,350 initial cash invested.

3.5%

Cash On Cash

7.43%

Cap Rate

1.24

DSCR

$3,957

Rent

$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,957 income − $3,752 expenses = $205 cash flow

Income$3,957Mortgage P&I$1,67042%Property Taxes$1865%Insurance$1173%HOA$75019%Management$39610%CapEx$1985%Vacancy$2376%Maintenance$1985%Cash Flow$205

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,957

Total Expenses

$3,752

Mortgage P&I

42%

$1,670

Property Taxes

5%

$186

Home Insurance

3%

$117

HOA

19%

$750

Property Management

10%

$396

CapEx

5%

$198

Vacancy

6%

$237

Maintenance

5%

$198

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis