REI Lense

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$1,915 (target)

2234 Santa Barbara Blvd N, Cape Coral, FL 33993

3 beds • 2 baths • 1362 sqft

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This property looks like a bad Long-Term investment with a projected -7.03% first-year return on $68,250 initial cash invested.

-7.03%

Cash On Cash

4.84%

Cap Rate

0.81

DSCR

$1,915

Rent

-$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,915 income − $2,315 expenses = $400 out of pocket

Income$1,915Out of Pocket$400Mortgage P&I$1,61684%Property Taxes$864%Insurance$1146%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,915

Total Expenses

$2,315

Mortgage P&I

84%

$1,616

Property Taxes

4%

$86

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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