REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2117 NE 40th St, Cape Coral, FL 33909

3 beds • 3 baths • 1776 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.96% first-year return on $78,060 initial cash invested.

-6.96%

Cash On Cash

4.41%

Cap Rate

0.74

DSCR

$2,330

Rent

-$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,330 income − $2,783 expenses = $453 out of pocket

Income$2,330Out of Pocket$453Mortgage P&I$1,41161%Property Taxes$1527%Insurance$1024%Management$35015%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,060

Downpayment

20%

$57,200

Closing costs

1%

$2,860

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,330

Total Expenses

$2,783

Mortgage P&I

61%

$1,411

Property Taxes

7%

$152

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis