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$2,154 (target)

2060 Bayside Pkwy, Fort Myers, FL 33901

3 beds • 2 baths • 1188 sqft

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This property looks like a bad Mid-Term investment with a projected -12.81% first-year return on $110k initial cash invested.

-12.81%

Cash On Cash

3.15%

Cap Rate

0.51

DSCR

$2,154

Rent

-$1,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $3,330 expenses = $1,176 out of pocket

Income$2,154Out of Pocket$1,176Mortgage P&I$2,241104%Property Taxes$2039%Insurance$1547%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,154

Total Expenses

$3,330

Mortgage P&I

104%

$2,241

Property Taxes

9%

$203

Home Insurance

7%

$154

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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