REI Lense

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$4,869 (target)

914 PLUM TREE LANE, Sarasota, FL 34243

3 beds • 2 baths • 1982 sqft

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This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $119k initial cash invested.

1.65%

Cash On Cash

7%

Cap Rate

1.15

DSCR

$4,869

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,869 income − $4,706 expenses = $163 cash flow

Income$4,869Mortgage P&I$2,44150%Property Taxes$4149%Insurance$1924%HOA$3Management$58412%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53611%Cash Flow$163

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,869

Total Expenses

$4,706

Mortgage P&I

50%

$2,441

Property Taxes

9%

$414

Home Insurance

4%

$192

HOA

0%

$3

Property Management

12%

$584

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$536

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