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$6,004 (target)

22656 Fountain Lakes BLVD, Estero, FL 33928

3 beds • 2 baths • 2086 sqft

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This property might be a fair Mid-Term investment with a projected 5.42% first-year return on $127k initial cash invested.

5.42%

Cash On Cash

7.89%

Cap Rate

1.31

DSCR

$6,004

Rent

$575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,004 income − $5,429 expenses = $575 cash flow

Income$6,004Mortgage P&I$2,60843%Property Taxes$4207%Insurance$1923%HOA$1693%Management$72012%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$66011%Cash Flow$575

Investment Breakdown

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Purchase Price

$521k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,209

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,004

Total Expenses

$5,429

Mortgage P&I

43%

$2,608

Property Taxes

7%

$420

Home Insurance

3%

$192

HOA

3%

$169

Property Management

12%

$720

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$660

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