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$4,509 (target)

2065 18th AVE NE, Naples, FL 34120

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $115k initial cash invested.

1.58%

Cash On Cash

7.09%

Cap Rate

1.14

DSCR

$4,509

Rent

$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,509 income − $4,358 expenses = $151 cash flow

Income$4,509Mortgage P&I$2,39953%Property Taxes$2596%Insurance$1684%Management$54112%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49611%Cash Flow$151

Investment Breakdown

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Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,400

Closing costs

1%

$4,620

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,509

Total Expenses

$4,358

Mortgage P&I

53%

$2,399

Property Taxes

6%

$259

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$541

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$496

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