REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,433 (target)

6620 35TH COURT E, Sarasota, FL 34243

3 beds • 3 baths • 2421 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $117k initial cash invested.

-13.49%

Cash On Cash

4.12%

Cap Rate

0.63

DSCR

$3,433

Rent

-$1,321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,433 income − $4,754 expenses = $1,321 out of pocket

Income$3,433Out of Pocket$1,321Mortgage P&I$3,07189%Property Taxes$34110%Insurance$2016%HOA$2487%Management$34310%CapEx$1725%Vacancy$2066%Maintenance$1725%

Investment Breakdown

|

Purchase Price

$559k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$112k

Closing costs

1%

$5,594

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,433

Total Expenses

$4,754

Mortgage P&I

89%

$3,071

Property Taxes

10%

$341

Home Insurance

6%

$201

HOA

7%

$248

Property Management

10%

$343

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis