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2210 NW 2nd Ave, Cape Coral, FL 33993

4 beds • 3 baths • 1950 sqft

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This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $94,500 initial cash invested.

-9.32%

Cash On Cash

4.21%

Cap Rate

0.72

DSCR

$2,310

Rent

-$734

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,310

Total Expenses

$3,044

Mortgage P&I

95%

$2,197

Property Taxes

4%

$87

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2220 Nw 1st Pl, Cape Coral, FL 33993

$2,200

4

3

1902

0.1 mi

106 Ne 23rd St, Cape Coral, FL 33909

$3,100

4

3

1991

0.4 mi

336 Nw 15th Ter, Cape Coral, FL 33993

$2,550

4

3

2020

0.9 mi

1027 Kismet Pkwy W, Cape Coral, FL 33993

$2,200

4

3

1904

1.1 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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