REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,208 (target)

2341 NW 38th Pl, Cape Coral, FL 33993

3 beds • 3 baths • 2121 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $125k initial cash invested.

-15.58%

Cash On Cash

2.91%

Cap Rate

0.49

DSCR

$2,208

Rent

-$1,622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,208 income − $3,830 expenses = $1,622 out of pocket

Income$2,208Out of Pocket$1,622Mortgage P&I$2,955134%Property Taxes$944%Insurance$2089%Management$22110%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,208

Total Expenses

$3,830

Mortgage P&I

134%

$2,955

Property Taxes

4%

$94

Home Insurance

9%

$208

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis