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$4,448 (target)

6711 CONETTA DRIVE, Sarasota, FL 34243

3 beds • 2 baths • 1563 sqft

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This property could be a profitable Mid-Term investment with a projected 13.26% first-year return on $89,400 initial cash invested.

13.26%

Cash On Cash

10.21%

Cap Rate

1.68

DSCR

$4,448

Rent

$988

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,448 income − $3,460 expenses = $988 cash flow

Income$4,448Mortgage P&I$1,72739%Property Taxes$1022%Insurance$1193%Management$53412%CapEx$1784%Vacancy$1333%Maintenance$1784%Other$48911%Cash Flow$988

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,448

Total Expenses

$3,460

Mortgage P&I

39%

$1,727

Property Taxes

2%

$102

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$133

Maintenance

4%

$178

Other

11%

$489

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