REI Lense

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$3,140 (target)

19657 Estero Pointe LN, Fort Myers, FL 33908

3 beds • 4 baths • 2099 sqft

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This property looks like a bad Long-Term investment with a projected -14.29% first-year return on $117k initial cash invested.

-14.29%

Cash On Cash

3.2%

Cap Rate

0.55

DSCR

$3,140

Rent

-$1,394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,140 income − $4,534 expenses = $1,394 out of pocket

Income$3,140Out of Pocket$1,394Mortgage P&I$2,72687%Property Taxes$37212%Insurance$2036%HOA$41713%Management$31410%CapEx$1575%Vacancy$1886%Maintenance$1575%

Investment Breakdown

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Purchase Price

$558k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$112k

Closing costs

1%

$5,576

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,140

Total Expenses

$4,534

Mortgage P&I

87%

$2,726

Property Taxes

12%

$372

Home Insurance

6%

$203

HOA

13%

$417

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

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