REI Lense

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$1,849 (target)

2707 42nd St W, Lehigh Acres, FL 33971

3 beds • 2 baths • 1272 sqft

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This property looks like a bad Long-Term investment with a projected -3.87% first-year return on $49,644 initial cash invested.

-3.87%

Cash On Cash

5.57%

Cap Rate

0.94

DSCR

$1,849

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,849 income − $2,009 expenses = $160 out of pocket

Income$1,849Out of Pocket$160Mortgage P&I$1,16663%Property Taxes$26514%Insurance$985%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,644

Downpayment

20%

$47,280

Closing costs

1%

$2,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,849

Total Expenses

$2,009

Mortgage P&I

63%

$1,166

Property Taxes

14%

$265

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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