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1004 Pine Ave, Lehigh Acres, FL 33972

3 beds • 2 baths • 1077 sqft

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This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $68,229 initial cash invested.

-8.42%

Cash On Cash

4.54%

Cap Rate

0.76

DSCR

$1,760

Rent

-$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,760

Total Expenses

$2,239

Mortgage P&I

92%

$1,620

Property Taxes

3%

$47

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

3016 25th St W, Lehigh Acres, FL 33971

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3

2

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2

1121

1.2 mi

2912 11th St W, Lehigh Acres, FL 33971

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3

2

1134

1.2 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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