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$3,693 (target)

1224 SE 22nd Pl, Cape Coral, FL 33990

3 beds • 2 baths • 1262 sqft

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This property might be a fair Mid-Term investment with a projected 6.5% first-year return on $84,318 initial cash invested.

6.5%

Cash On Cash

8.45%

Cap Rate

1.37

DSCR

$3,693

Rent

$457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,693 income − $3,236 expenses = $457 cash flow

Income$3,693Mortgage P&I$1,62044%Property Taxes$2467%Insurance$1143%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$457

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,318

Downpayment

20%

$63,160

Closing costs

1%

$3,158

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,693

Total Expenses

$3,236

Mortgage P&I

44%

$1,620

Property Taxes

7%

$246

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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