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$5,132 (target)

2541 NW 21st Ave, Cape Coral, FL 33993

3 beds • 2 baths • 2085 sqft

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This property could be a profitable Mid-Term investment with a projected 14.11% first-year return on $97,527 initial cash invested.

14.11%

Cash On Cash

10.31%

Cap Rate

1.71

DSCR

$5,132

Rent

$1,147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,132 income − $3,985 expenses = $1,147 cash flow

Income$5,132Mortgage P&I$1,90137%Property Taxes$2034%Insurance$1363%Management$61612%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56511%Cash Flow$1,147

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,527

Downpayment

20%

$75,740

Closing costs

1%

$3,787

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,132

Total Expenses

$3,985

Mortgage P&I

37%

$1,901

Property Taxes

4%

$203

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$616

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$565

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