REI Lense

REI Lense

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$2,183 (target)

1143 NW 27th Pl, Cape Coral, FL 33993

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $76,839 initial cash invested.

-7.67%

Cash On Cash

4.85%

Cap Rate

0.79

DSCR

$2,183

Rent

-$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,183 income − $2,674 expenses = $491 out of pocket

Income$2,183Out of Pocket$491Mortgage P&I$1,86185%Property Taxes$1165%Insurance$1306%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,839

Downpayment

20%

$73,180

Closing costs

1%

$3,659

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,183

Total Expenses

$2,674

Mortgage P&I

85%

$1,861

Property Taxes

5%

$116

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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