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$12,600 (target)

20061 BUTTERMERE CT, Estero, FL 33928

3 beds • 2 baths • 2207 sqft

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This property could be a profitable Mid-Term investment with a projected 16.56% first-year return on $187k initial cash invested.

16.56%

Cash On Cash

10.54%

Cap Rate

1.77

DSCR

$12,600

Rent

$2,580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$12,600 income − $10,020 expenses = $2,580 cash flow

Income$12,600Mortgage P&I$3,98532%Property Taxes$4203%Insurance$2972%HOA$1,0348%Management$1,51212%CapEx$5044%Vacancy$3783%Maintenance$5044%Other$1,38611%Cash Flow$2,580

Investment Breakdown

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Purchase Price

$805k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$187k

Downpayment

20%

$161k

Closing costs

1%

$8,047

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$12,600

Total Expenses

$10,020

Mortgage P&I

32%

$3,985

Property Taxes

3%

$420

Home Insurance

2%

$297

HOA

8%

$1,034

Property Management

12%

$1,512

CapEx

4%

$504

Vacancy

3%

$378

Maintenance

4%

$504

Other

11%

$1,386

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