REI Lense

REI Lense

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$4,754 (target)

12786 Meadow Hawk Dr, Fort Myers, FL 33912

3 beds • 2 baths • 1877 sqft

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This property might be a fair Mid-Term investment with a projected 8.56% first-year return on $98,409 initial cash invested.

8.56%

Cash On Cash

8.65%

Cap Rate

1.48

DSCR

$4,754

Rent

$702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,409

Downpayment

20%

$76,580

Closing costs

1%

$3,829

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,754

Total Expenses

$4,052

Mortgage P&I

39%

$1,867

Property Taxes

6%

$280

Home Insurance

3%

$140

HOA

3%

$149

Property Management

12%

$570

CapEx

4%

$190

Vacancy

3%

$143

Maintenance

4%

$190

Other

11%

$523

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