REI Lense

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$1,930 (target)

1020 Prospect AVE, Lehigh Acres, FL 33972

3 beds • 2 baths • 1729 sqft

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This property looks like a bad Long-Term investment with a projected -7.74% first-year return on $68,691 initial cash invested.

-7.74%

Cash On Cash

4.85%

Cap Rate

0.79

DSCR

$1,930

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,930 income − $2,373 expenses = $443 out of pocket

Income$1,930Out of Pocket$443Mortgage P&I$1,66886%Property Taxes$382%Insurance$1669%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,691

Downpayment

20%

$65,420

Closing costs

1%

$3,271

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,930

Total Expenses

$2,373

Mortgage P&I

86%

$1,668

Property Taxes

2%

$38

Home Insurance

9%

$166

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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