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$3,192 (target)

1416 NE 15th LN, Cape Coral, FL 33909

3 beds • 3 baths • 1557 sqft

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This property looks like a bad Mid-Term investment with a projected -9.04% first-year return on $98,661 initial cash invested.

-9.04%

Cash On Cash

4.24%

Cap Rate

0.69

DSCR

$3,192

Rent

-$743

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,192 income − $3,935 expenses = $743 out of pocket

Income$3,192Out of Pocket$743Mortgage P&I$1,97162%Property Taxes$74023%Insurance$1384%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%

Investment Breakdown

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Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,661

Downpayment

20%

$76,820

Closing costs

1%

$3,841

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,192

Total Expenses

$3,935

Mortgage P&I

62%

$1,971

Property Taxes

23%

$740

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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