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3978 Overlook Bend Ter #25, Sarasota, FL 34232

2 beds • 2 baths • 1040 sqft

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This property looks like a bad Long-Term investment with a projected -6.6% first-year return on $47,250 initial cash invested.

-6.6%

Cash On Cash

5.64%

Cap Rate

$2,270

Rent

-$260

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,270

Total Expenses

$2,530

Mortgage P&I

53%

$1,203

Property Taxes

8%

$171

Home Insurance

3%

$79

HOA

21%

$486

PManagement

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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4

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2

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4

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2

1

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5

4

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2

1

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$2,850

5

4

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