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$7,416 (target)

927 Almas Ct, Sanibel, FL 33957

3 beds • 3 baths • 2100 sqft

$1,544,400

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This property looks like a bad Long-Term investment with a projected -19.03% first-year return on $324k initial cash invested.

-19.03%

Cash On Cash

2.97%

Cap Rate

0.44

DSCR

$7,416

Rent

-$5,142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,416 income − $12,558 expenses = $5,142 out of pocket

Income$7,416Out of Pocket$5,142Mortgage P&I$8,587116%Property Taxes$1,19716%Insurance$5958%HOA$2503%Management$74210%CapEx$3715%Vacancy$4456%Maintenance$3715%

Investment Breakdown

|

Purchase Price

$1544k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$324k

Downpayment

20%

$309k

Closing costs

1%

$15,444

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,416

Total Expenses

$12,558

Mortgage P&I

116%

$8,587

Property Taxes

16%

$1,197

Home Insurance

8%

$595

HOA

3%

$250

Property Management

10%

$742

CapEx

5%

$371

Vacancy

6%

$445

Maintenance

5%

$371

Other

0%

$0

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