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$3,862 (target)

918 Ell Way, Sarasota, FL 34243

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 6.13% first-year return on $93,600 initial cash invested.

6.13%

Cash On Cash

8.23%

Cap Rate

1.34

DSCR

$3,862

Rent

$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,862 income − $3,384 expenses = $478 cash flow

Income$3,862Mortgage P&I$1,83648%Property Taxes$1103%Insurance$1263%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$478

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$3,384

Mortgage P&I

48%

$1,836

Property Taxes

3%

$110

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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