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$6,180 (target)

1140 22nd AVE NE, Naples, FL 34120

3 beds • 2 baths • 1953 sqft

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This property might be a fair Mid-Term investment with a projected 6.55% first-year return on $143k initial cash invested.

6.55%

Cash On Cash

7.94%

Cap Rate

1.35

DSCR

$6,180

Rent

$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,180 income − $5,397 expenses = $783 cash flow

Income$6,180Mortgage P&I$2,92547%Property Taxes$1472%Insurance$2244%Management$74212%CapEx$2474%Vacancy$1853%Maintenance$2474%Other$68011%Cash Flow$783

Investment Breakdown

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Purchase Price

$598k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$120k

Closing costs

1%

$5,976

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,180

Total Expenses

$5,397

Mortgage P&I

47%

$2,925

Property Taxes

2%

$147

Home Insurance

4%

$224

HOA

0%

$0

Property Management

12%

$742

CapEx

4%

$247

Vacancy

3%

$185

Maintenance

4%

$247

Other

11%

$680

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