REI Lense

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$5,426 (target)

4474 COCO RIDGE CIRCLE, Sarasota, FL 34233

3 beds • 2 baths • 1509 sqft

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This property might be a fair Mid-Term investment with a projected 3.03% first-year return on $129k initial cash invested.

3.03%

Cash On Cash

7.41%

Cap Rate

1.2

DSCR

$5,426

Rent

$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,426 income − $5,101 expenses = $325 cash flow

Income$5,426Mortgage P&I$2,71350%Property Taxes$3516%Insurance$1924%Management$65112%CapEx$2174%Vacancy$1633%Maintenance$2174%Other$59711%Cash Flow$325

Investment Breakdown

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Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,268

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,426

Total Expenses

$5,101

Mortgage P&I

50%

$2,713

Property Taxes

6%

$351

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$651

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$597

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