REI Lense

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$5,444 (target)

18271 Ridgeline DR, Estero, FL 33928

3 beds • 3 baths • 1852 sqft

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This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $123k initial cash invested.

0.63%

Cash On Cash

6.66%

Cap Rate

1.11

DSCR

$5,444

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,444 income − $5,379 expenses = $65 cash flow

Income$5,444Mortgage P&I$2,49146%Property Taxes$63212%Insurance$1843%HOA$2214%Management$65312%CapEx$2184%Vacancy$1633%Maintenance$2184%Other$59911%Cash Flow$65

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,444

Total Expenses

$5,379

Mortgage P&I

46%

$2,491

Property Taxes

12%

$632

Home Insurance

3%

$184

HOA

4%

$221

Property Management

12%

$653

CapEx

4%

$218

Vacancy

3%

$163

Maintenance

4%

$218

Other

11%

$599

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