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221 SW 13th Ter, Cape Coral, FL 33991

3 beds • 2 baths • 1431 sqft

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This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $66,150 initial cash invested.

-11.03%

Cash On Cash

3.9%

Cap Rate

0.67

DSCR

$1,900

Rent

-$608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,900

Total Expenses

$2,508

Mortgage P&I

81%

$1,538

Property Taxes

19%

$366

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1324 Sw 1st Ave, Cape Coral, FL 33991

$2,700

3

2

1442

0.2 mi

110 Sw 10th Ter, Cape Coral, FL 33991

$2,600

3

2

1421

0.5 mi

202 Sw 16th Ter, Cape Coral, FL 33991

$1,700

3

2

1455

0.4 mi

801 Sw 4th Pl, Cape Coral, FL 33991

$1,780

3

2

1431

0.7 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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