REI Lense

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$3,247 (target)

1768 Whiskey Creek DR, Fort Myers, FL 33919

3 beds • 2 baths • 2020 sqft

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This property looks like a bad Long-Term investment with a projected -15.82% first-year return on $134k initial cash invested.

-15.82%

Cash On Cash

3.32%

Cap Rate

0.52

DSCR

$3,247

Rent

-$1,762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,247 income − $5,009 expenses = $1,762 out of pocket

Income$3,247Out of Pocket$1,762Mortgage P&I$3,361104%Property Taxes$57018%Insurance$2347%Management$32510%CapEx$1625%Vacancy$1956%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$127k

Closing costs

1%

$6,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,247

Total Expenses

$5,009

Mortgage P&I

104%

$3,361

Property Taxes

18%

$570

Home Insurance

7%

$234

HOA

0%

$0

Property Management

10%

$325

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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