REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,422 (target)

17306 Meadow Lake CIR, Fort Myers, FL 33967

3 beds • 3 baths • 2015 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.35% first-year return on $113k initial cash invested.

9.35%

Cash On Cash

8.77%

Cap Rate

1.5

DSCR

$5,422

Rent

$880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$452k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,380

Closing costs

1%

$4,519

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,422

Total Expenses

$4,542

Mortgage P&I

41%

$2,204

Property Taxes

6%

$330

Home Insurance

3%

$164

HOA

0%

$0

Property Management

12%

$651

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$596

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis