REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,174 (target)

1470 Winkler Ave, Fort Myers, FL 33901

3 beds • 2 baths • 1736 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $104k initial cash invested.

3.46%

Cash On Cash

7.47%

Cap Rate

1.22

DSCR

$4,174

Rent

$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,174 income − $3,873 expenses = $301 cash flow

Income$4,174Mortgage P&I$2,09050%Property Taxes$2145%Insurance$1504%Management$50112%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45911%Cash Flow$301

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,180

Closing costs

1%

$4,109

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,174

Total Expenses

$3,873

Mortgage P&I

50%

$2,090

Property Taxes

5%

$214

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$501

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$459

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis