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$5,769 (target)

2545 18th AVE NE, Naples, FL 34120

3 beds • 2 baths • 1622 sqft

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This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $135k initial cash invested.

3.54%

Cash On Cash

7.46%

Cap Rate

1.22

DSCR

$5,769

Rent

$397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,769 income − $5,372 expenses = $397 cash flow

Income$5,769Mortgage P&I$2,82349%Property Taxes$3867%Insurance$2013%Management$69212%CapEx$2314%Vacancy$1733%Maintenance$2314%Other$63511%Cash Flow$397

Investment Breakdown

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Purchase Price

$555k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$111k

Closing costs

1%

$5,553

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,769

Total Expenses

$5,372

Mortgage P&I

49%

$2,823

Property Taxes

7%

$386

Home Insurance

3%

$201

HOA

0%

$0

Property Management

12%

$692

CapEx

4%

$231

Vacancy

3%

$173

Maintenance

4%

$231

Other

11%

$635

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