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$3,486 (target)

5404 Laurelwood Pl, Sarasota, FL 34232

3 beds • 2 baths • 1116 sqft

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This property might be a fair Mid-Term investment with a projected 4.38% first-year return on $83,856 initial cash invested.

4.38%

Cash On Cash

7.64%

Cap Rate

1.29

DSCR

$3,486

Rent

$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,486 income − $3,180 expenses = $306 cash flow

Income$3,486Mortgage P&I$1,55144%Property Taxes$3309%Insurance$1153%Management$41812%CapEx$1394%Vacancy$1053%Maintenance$1394%Other$38311%Cash Flow$306

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,856

Downpayment

20%

$62,720

Closing costs

1%

$3,136

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,486

Total Expenses

$3,180

Mortgage P&I

44%

$1,551

Property Taxes

9%

$330

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$105

Maintenance

4%

$139

Other

11%

$383

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