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$4,342 (target)

387 S SHORE DRIVE, Sarasota, FL 34234

3 beds • 4 baths • 5636 sqft

$5,726,900

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This property looks like a bad Long-Term investment with a projected -33.61% first-year return on $1203k initial cash invested.

-33.61%

Cash On Cash

-1.04%

Cap Rate

-0.17

DSCR

$4,342

Rent

-$33,684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,342 income − $38,026 expenses = $33,684 out of pocket

Income$4,342Out of Pocket$33,684Mortgage P&I$28,520657%Property Taxes$5,716132%Insurance$2,65861%HOA$3Management$43410%CapEx$2175%Vacancy$2616%Maintenance$2175%

Investment Breakdown

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Purchase Price

$5727k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$1203k

Downpayment

20%

$1145k

Closing costs

1%

$57,269

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,342

Total Expenses

$38,026

Mortgage P&I

657%

$28,520

Property Taxes

132%

$5,716

Home Insurance

61%

$2,658

HOA

0%

$3

Property Management

10%

$434

CapEx

5%

$217

Vacancy

6%

$261

Maintenance

5%

$217

Other

0%

$0

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