REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,899 (target)

6143 Belina Ct, Sarasota, FL 34238

3 beds • 3 baths • 2489 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.83% first-year return on $176k initial cash invested.

-11.83%

Cash On Cash

3.74%

Cap Rate

0.64

DSCR

$4,899

Rent

-$1,739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,899 income − $6,638 expenses = $1,739 out of pocket

Income$4,899Out of Pocket$1,739Mortgage P&I$4,11284%Property Taxes$49810%Insurance$2946%HOA$4609%Management$49010%CapEx$2455%Vacancy$2946%Maintenance$2455%

Investment Breakdown

|

Purchase Price

$840k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$168k

Closing costs

1%

$8,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,899

Total Expenses

$6,638

Mortgage P&I

84%

$4,112

Property Taxes

10%

$498

Home Insurance

6%

$294

HOA

9%

$460

Property Management

10%

$490

CapEx

5%

$245

Vacancy

6%

$294

Maintenance

5%

$245

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis