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6916 Rex Ln, Sarasota, FL 34243

3 beds • 3 baths • 1712 sqft

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This property might be a fair Long-Term investment with a projected 2.61% first-year return on $62,874 initial cash invested.

2.61%

Cash On Cash

7.49%

Cap Rate

$2,650

Rent

$137

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,874

Downpayment

20%

$59,880

Closing costs

1%

$2,994

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,650

Total Expenses

$2,513

Mortgage P&I

60%

$1,600

Property Taxes

5%

$120

Home Insurance

4%

$105

PManagement

10%

$265

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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