REI Lense

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$4,651 (target)

4415 HIGHLAND OAKS CIRCLE, Sarasota, FL 34235

3 beds • 3 baths • 2046 sqft

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This property looks like a bad Long-Term investment with a projected -12.29% first-year return on $160k initial cash invested.

-12.29%

Cash On Cash

4.06%

Cap Rate

0.65

DSCR

$4,651

Rent

-$1,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,651 income − $6,293 expenses = $1,642 out of pocket

Income$4,651Out of Pocket$1,642Mortgage P&I$3,98986%Property Taxes$58413%Insurance$2856%HOA$2255%Management$46510%CapEx$2335%Vacancy$2796%Maintenance$2335%

Investment Breakdown

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Purchase Price

$763k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$153k

Closing costs

1%

$7,634

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,651

Total Expenses

$6,293

Mortgage P&I

86%

$3,989

Property Taxes

13%

$584

Home Insurance

6%

$285

HOA

5%

$225

Property Management

10%

$465

CapEx

5%

$233

Vacancy

6%

$279

Maintenance

5%

$233

Other

0%

$0

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