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$2,454 (target)

18 NW 13th Ave, Cape Coral, FL 33993

3 beds • 2 baths • 1323 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $62,520 initial cash invested.

2.46%

Cash On Cash

7.73%

Cap Rate

1.2

DSCR

$2,454

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,454 income − $2,326 expenses = $128 cash flow

Income$2,454Mortgage P&I$1,13946%Property Taxes$27711%Insurance$763%Management$29412%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$128

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,454

Total Expenses

$2,326

Mortgage P&I

46%

$1,139

Property Taxes

11%

$277

Home Insurance

3%

$76

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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