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5684 ALDEN GARDEN WAY, Sarasota, FL 34235

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Airbnb investment with a projected -13.76% first-year return on $95,700 initial cash invested.

-13.76%

Cash On Cash

3.38%

Cap Rate

0.51

DSCR

$2,782

Rent

-$1,097

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,782 income − $3,879 expenses = $1,097 out of pocket

Income$2,782Out of Pocket$1,097Mortgage P&I$2,02873%Property Taxes$33612%Insurance$1355%HOA$452%Management$41715%CapEx$1114%Maintenance$1114%Other$69625%

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,782

Total Expenses

$3,879

Mortgage P&I

73%

$2,028

Property Taxes

12%

$336

Home Insurance

5%

$135

HOA

2%

$45

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

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