REI Lense

REI Lense

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$5,654 (target)

2503 Aviation Pkwy, Cape Coral, FL 33904

3 beds • 2 baths • 2359 sqft

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This property might be a fair Mid-Term investment with a projected 3.6% first-year return on $126k initial cash invested.

3.6%

Cash On Cash

7.43%

Cap Rate

1.23

DSCR

$5,654

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$514k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,139

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,654

Total Expenses

$5,276

Mortgage P&I

46%

$2,577

Property Taxes

10%

$588

Home Insurance

3%

$189

HOA

0%

$0

Property Management

12%

$678

CapEx

4%

$226

Vacancy

3%

$170

Maintenance

4%

$226

Other

11%

$622

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