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1019 NW 42nd Pl, Cape Coral, FL 33993

3 beds • 3 baths • 2342 sqft

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This property looks like a bad Long-Term investment with a projected -17.92% first-year return on $189k initial cash invested.

-17.92%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$3,400

Rent

-$2,822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$900k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$180k

Closing costs

1%

$9,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,400

Total Expenses

$6,222

Mortgage P&I

133%

$4,521

Property Taxes

15%

$502

Home Insurance

9%

$315

HOA

0%

$0

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1255 Nw 38th Ave, Cape Coral, FL 33993

$5,900

3

3

2219

0.6 mi

512 Nw 35th Pl, Cape Coral, FL 33993

$3,000

3

3

2249

1.1 mi

1430 Nw 41st Pl, Cape Coral, FL 33993

$3,600

3

3

2140

0.5 mi

302 Nw 32nd Pl, Cape Coral, FL 33993

$3,900

3

3

2210

1.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

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

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

2022 S American St

$2,850

5

4

3030

0.6 mi

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