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$4,692 (target)

1507 NW 29th Pl, Cape Coral, FL 33993

3 beds • 3 baths • 1941 sqft

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This property might be a fair Mid-Term investment with a projected 7.48% first-year return on $99,585 initial cash invested.

7.48%

Cash On Cash

8.84%

Cap Rate

1.39

DSCR

$4,692

Rent

$621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,692 income − $4,071 expenses = $621 cash flow

Income$4,692Mortgage P&I$2,05444%Property Taxes$2816%Insurance$1403%Management$56312%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51611%Cash Flow$621

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,585

Downpayment

20%

$77,700

Closing costs

1%

$3,885

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,692

Total Expenses

$4,071

Mortgage P&I

44%

$2,054

Property Taxes

6%

$281

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$563

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$516

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