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$7,128 (target)

21305 Estero Palm WAY, Estero, FL 33928

3 beds • 3 baths • 2441 sqft

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This property might be a fair Mid-Term investment with a projected 5.11% first-year return on $152k initial cash invested.

5.11%

Cash On Cash

7.67%

Cap Rate

1.3

DSCR

$7,128

Rent

$646

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,128 income − $6,482 expenses = $646 cash flow

Income$7,128Mortgage P&I$3,13244%Property Taxes$3605%Insurance$2343%HOA$3335%Management$85512%CapEx$2854%Vacancy$2143%Maintenance$2854%Other$78411%Cash Flow$646

Investment Breakdown

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Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,360

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,128

Total Expenses

$6,482

Mortgage P&I

44%

$3,132

Property Taxes

5%

$360

Home Insurance

3%

$234

HOA

5%

$333

Property Management

12%

$855

CapEx

4%

$285

Vacancy

3%

$214

Maintenance

4%

$285

Other

11%

$784

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