REI Lense

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$3,629 (target)

18271 Ridgeline DR, Estero, FL 33928

3 beds • 3 baths • 1852 sqft

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This property looks like a bad Long-Term investment with a projected -9.62% first-year return on $105k initial cash invested.

-9.62%

Cash On Cash

4.39%

Cap Rate

0.73

DSCR

$3,629

Rent

-$842

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,629 income − $4,471 expenses = $842 out of pocket

Income$3,629Out of Pocket$842Mortgage P&I$2,49169%Property Taxes$63217%Insurance$1845%HOA$2216%Management$36310%CapEx$1815%Vacancy$2186%Maintenance$1815%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,629

Total Expenses

$4,471

Mortgage P&I

69%

$2,491

Property Taxes

17%

$632

Home Insurance

5%

$184

HOA

6%

$221

Property Management

10%

$363

CapEx

5%

$181

Vacancy

6%

$218

Maintenance

5%

$181

Other

0%

$0

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