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$1,985 (target)

1718 NE 7th St, Cape Coral, FL 33909

3 beds • 3 baths • 1941 sqft

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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $64,239 initial cash invested.

-10.46%

Cash On Cash

4.8%

Cap Rate

0.73

DSCR

$1,985

Rent

-$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,985 income − $2,545 expenses = $560 out of pocket

Income$1,985Out of Pocket$560Mortgage P&I$1,68585%Property Taxes$23512%Insurance$1106%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,239

Downpayment

20%

$61,180

Closing costs

1%

$3,059

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,985

Total Expenses

$2,545

Mortgage P&I

85%

$1,685

Property Taxes

12%

$235

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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