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$4,492 (target)

1720 Old Burnt Store Rd N, Cape Coral, FL 33993

3 beds • 3 baths • 2104 sqft

$1,399,900

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This property looks like a bad Mid-Term investment with a projected -19.8% first-year return on $312k initial cash invested.

-19.8%

Cash On Cash

1.69%

Cap Rate

0.28

DSCR

$4,492

Rent

-$5,148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,492 income − $9,640 expenses = $5,148 out of pocket

Income$4,492Out of Pocket$5,148Mortgage P&I$6,944155%Property Taxes$67815%Insurance$49011%Management$53912%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49411%

Investment Breakdown

|

Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$13,999

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,492

Total Expenses

$9,640

Mortgage P&I

155%

$6,944

Property Taxes

15%

$678

Home Insurance

11%

$490

HOA

0%

$0

Property Management

12%

$539

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$494

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