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$2,892 (target)

1528 NW 29th Pl, Cape Coral, FL 33993

3 beds • 2 baths • 1642 sqft

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This property looks like a bad Mid-Term investment with a projected -4.07% first-year return on $85,410 initial cash invested.

-4.07%

Cash On Cash

5.47%

Cap Rate

0.89

DSCR

$2,892

Rent

-$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,892 income − $3,182 expenses = $290 out of pocket

Income$2,892Out of Pocket$290Mortgage P&I$1,63857%Property Taxes$44415%Insurance$1164%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,410

Downpayment

20%

$64,200

Closing costs

1%

$3,210

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$3,182

Mortgage P&I

57%

$1,638

Property Taxes

15%

$444

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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