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$6,809 (target)

726 Cardium St, Sanibel, FL 33957

3 beds • 3 baths • 1800 sqft

$1,049,800

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This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $220k initial cash invested.

-11.58%

Cash On Cash

4.59%

Cap Rate

0.69

DSCR

$6,809

Rent

-$2,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,809 income − $8,936 expenses = $2,127 out of pocket

Income$6,809Out of Pocket$2,127Mortgage P&I$5,80585%Property Taxes$95914%Insurance$4026%Management$68110%CapEx$3405%Vacancy$4096%Maintenance$3405%

Investment Breakdown

|

Purchase Price

$1050k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$220k

Downpayment

20%

$210k

Closing costs

1%

$10,498

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,809

Total Expenses

$8,936

Mortgage P&I

85%

$5,805

Property Taxes

14%

$959

Home Insurance

6%

$402

HOA

0%

$0

Property Management

10%

$681

CapEx

5%

$340

Vacancy

6%

$409

Maintenance

5%

$340

Other

0%

$0

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