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5321 Gardens Dr, Sarasota, FL 34243

3 beds • 2 baths • 2374 sqft

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This property looks like a bad Airbnb investment with a projected -12.61% first-year return on $165k initial cash invested.

-12.61%

Cash On Cash

3.07%

Cap Rate

0.53

DSCR

$4,195

Rent

-$1,731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,195

Total Expenses

$5,926

Mortgage P&I

80%

$3,352

Property Taxes

7%

$273

Home Insurance

6%

$245

HOA

1%

$42

Property Management

15%

$629

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,049

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