REI Lense

REI Lense

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$2,992 (target)

201 SW 8th St, Cape Coral, FL 33991

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Long-Term investment with a projected -7.46% first-year return on $86,205 initial cash invested.

-7.46%

Cash On Cash

4.81%

Cap Rate

0.81

DSCR

$2,992

Rent

-$536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,992 income − $3,528 expenses = $536 out of pocket

Income$2,992Out of Pocket$536Mortgage P&I$2,03068%Property Taxes$56919%Insurance$1505%Management$29910%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,205

Downpayment

20%

$82,100

Closing costs

1%

$4,105

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,992

Total Expenses

$3,528

Mortgage P&I

68%

$2,030

Property Taxes

19%

$569

Home Insurance

5%

$150

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

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