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1511 NW 29th Pl, Cape Coral, FL 33993

3 beds • 2 baths • 2255 sqft

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This property looks like a bad Airbnb investment with a projected -15.27% first-year return on $111k initial cash invested.

-15.27%

Cash On Cash

2.28%

Cap Rate

0.39

DSCR

$2,904

Rent

-$1,417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,940

Closing costs

1%

$4,447

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$4,321

Mortgage P&I

74%

$2,147

Property Taxes

21%

$619

Home Insurance

6%

$161

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$726

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