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$7,281 (target)

7913 BROADMOOR PINES BOULEVARD, Sarasota, FL 34243

3 beds • 3 baths • 2848 sqft

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This property looks like a bad Mid-Term investment with a projected -5.32% first-year return on $225k initial cash invested.

-5.32%

Cash On Cash

5.14%

Cap Rate

0.86

DSCR

$7,281

Rent

-$997

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,281 income − $8,278 expenses = $997 out of pocket

Income$7,281Out of Pocket$997Mortgage P&I$4,92768%Property Taxes$5257%Insurance$3455%HOA$6Management$87412%CapEx$2914%Vacancy$2183%Maintenance$2914%Other$80111%

Investment Breakdown

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Purchase Price

$985k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$225k

Downpayment

20%

$197k

Closing costs

1%

$9,850

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,281

Total Expenses

$8,278

Mortgage P&I

68%

$4,927

Property Taxes

7%

$525

Home Insurance

5%

$345

HOA

0%

$6

Property Management

12%

$874

CapEx

4%

$291

Vacancy

3%

$218

Maintenance

4%

$291

Other

11%

$801

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