Sarasota Condo Specialist | Perry Corneau 941.650.4626 Condo Income & Expense Projections Property Property Adress
7011 Strand Circle
MLS #
A3994974
Mortgage Details Purchase price
Debt Service Electric
$167,000
% down payment
Property Taxes Management Fee
Association Fees
30%
Interest rate
$130.00
4.875%
Mortgage length (years) Down payment
30
$251.67
$618.64
$50,100
Loan amount
$116,900
Payment with principal
$171.00
$619
Projected Income & Expense Income & Expense Category
Monthly
Quarterly
Annualy
Debt Service
$619
$1,856
$7,424
Property Taxes
$171
$684
$2,052
Association Fees
$252
$755
$3,020
$0
$0
$0
Expense Subtotal
$1,041
$3,295
$12,496
Gross Rental Income
$1,300
$3,900
$15,600
10%
10%
10%
$130
$390
$1,560
$1,170
$3,510
$14,040
$129
$215
$1,544
Electric
% Management Fee Management Fee Net Rental Income Cash Flow (NRI - Expense Subtotal)
**Income projections based on actual rental history or upon actual rental history of similar properties. Future performance is not guaranteed.
Recommended Lenders: Dan Lawrence, Lawrence Residential Funding 941-376-8006 (“A” paper only) Chris Dahlgaard, Guaranteed Rate Lending 941-321-3051 (Resort condominiums) !1