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$1,945 (target)

1718 NE 3rd Ave, Cape Coral, FL 33909

3 beds • 2 baths • 1734 sqft

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This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $63,000 initial cash invested.

-7.73%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$1,945

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,945 income − $2,351 expenses = $406 out of pocket

Income$1,945Out of Pocket$406Mortgage P&I$1,52078%Property Taxes$22111%Insurance$1055%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,945

Total Expenses

$2,351

Mortgage P&I

78%

$1,520

Property Taxes

11%

$221

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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