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$1,914 (target)

2024 NE 15th Ave, Cape Coral, FL 33909

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -17.01% first-year return on $79,779 initial cash invested.

-17.01%

Cash On Cash

2.83%

Cap Rate

0.46

DSCR

$1,914

Rent

-$1,131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,914 income − $3,045 expenses = $1,131 out of pocket

Income$1,914Out of Pocket$1,131Mortgage P&I$1,932101%Property Taxes$48225%Insurance$1337%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,914

Total Expenses

$3,045

Mortgage P&I

101%

$1,932

Property Taxes

25%

$482

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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