REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2623 NE 22nd Ave, Cape Coral, FL 33909

3 beds • 2 baths • 1244 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.13% first-year return on $66,405 initial cash invested.

9.13%

Cash On Cash

9.54%

Cap Rate

1.53

DSCR

$3,189

Rent

$505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$231k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,405

Downpayment

20%

$46,100

Closing costs

1%

$2,305

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,189

Total Expenses

$2,684

Mortgage P&I

38%

$1,199

Property Taxes

10%

$316

Home Insurance

3%

$83

HOA

0%

$0

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis