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1803 SW 2nd Ave, Cape Coral, FL 33991

3 beds • 2 baths • 1853 sqft

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This property looks like a bad Airbnb investment with a projected -13.16% first-year return on $99,963 initial cash invested.

-13.16%

Cash On Cash

3.02%

Cap Rate

0.5

DSCR

$3,023

Rent

-$1,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,023 income − $4,119 expenses = $1,096 out of pocket

Income$3,023Out of Pocket$1,096Mortgage P&I$1,95865%Property Taxes$57019%Insurance$1405%Management$45315%CapEx$1214%Maintenance$1214%Other$75625%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,963

Downpayment

20%

$78,060

Closing costs

1%

$3,903

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,023

Total Expenses

$4,119

Mortgage P&I

65%

$1,958

Property Taxes

19%

$570

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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