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$3,617 (target)

4474 COCO RIDGE CIRCLE, Sarasota, FL 34233

3 beds • 2 baths • 1509 sqft

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This property looks like a bad Long-Term investment with a projected -6.29% first-year return on $111k initial cash invested.

-6.29%

Cash On Cash

5.27%

Cap Rate

0.85

DSCR

$3,617

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,617 income − $4,197 expenses = $580 out of pocket

Income$3,617Out of Pocket$580Mortgage P&I$2,71375%Property Taxes$35110%Insurance$1925%Management$36210%CapEx$1815%Vacancy$2176%Maintenance$1815%

Investment Breakdown

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Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$105k

Closing costs

1%

$5,268

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,617

Total Expenses

$4,197

Mortgage P&I

75%

$2,713

Property Taxes

10%

$351

Home Insurance

5%

$192

HOA

0%

$0

Property Management

10%

$362

CapEx

5%

$181

Vacancy

6%

$217

Maintenance

5%

$181

Other

0%

$0

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