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1421 NE 9th Ave, Cape Coral, FL 33909

3 beds • 2 baths • 1418 sqft

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This property looks like a bad Airbnb investment with a projected -15.49% first-year return on $102k initial cash invested.

-15.49%

Cash On Cash

2.02%

Cap Rate

0.35

DSCR

$2,192

Rent

-$1,314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,192

Total Expenses

$3,506

Mortgage P&I

87%

$1,897

Property Taxes

19%

$416

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$329

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$548

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