REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,781 (target)

1026 S Town And River Dr, Fort Myers, FL 33919

3 beds • 2 baths • 2107 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.54% first-year return on $143k initial cash invested.

-17.54%

Cash On Cash

2.52%

Cap Rate

0.42

DSCR

$2,781

Rent

-$2,094

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,781 income − $4,875 expenses = $2,094 out of pocket

Income$2,781Out of Pocket$2,094Mortgage P&I$3,388122%Property Taxes$49918%Insurance$2559%HOA$10Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$682k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,822

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,781

Total Expenses

$4,875

Mortgage P&I

122%

$3,388

Property Taxes

18%

$499

Home Insurance

9%

$255

HOA

0%

$10

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis