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7973 GRANDE SHORES DRIVE, Sarasota, FL 34240

3 beds • 3 baths • 2486 sqft

$1,317,800

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This property looks like a bad Airbnb investment with a projected -31.32% first-year return on $295k initial cash invested.

-31.32%

Cash On Cash

-0.27%

Cap Rate

-0.04

DSCR

$2,669

Rent

-$7,692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,669 income − $10,361 expenses = $7,692 out of pocket

Income$2,669Out of Pocket$7,692Mortgage P&I$7,287273%Property Taxes$80830%Insurance$48518%HOA$50019%Management$40015%CapEx$1074%Maintenance$1074%Other$66725%

Investment Breakdown

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Purchase Price

$1318k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$295k

Downpayment

20%

$264k

Closing costs

1%

$13,178

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,669

Total Expenses

$10,361

Mortgage P&I

273%

$7,287

Property Taxes

30%

$808

Home Insurance

18%

$485

HOA

19%

$500

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$667

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