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$3,220 (target)

2716 2nd St SW, Lehigh Acres, FL 33976

3 beds • 2 baths • 1622 sqft

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This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $91,458 initial cash invested.

1.63%

Cash On Cash

7.22%

Cap Rate

1.14

DSCR

$3,220

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,220 income − $3,096 expenses = $124 cash flow

Income$3,220Mortgage P&I$1,85157%Property Taxes$281%Insurance$1224%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%Cash Flow$124

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,458

Downpayment

20%

$69,960

Closing costs

1%

$3,498

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,220

Total Expenses

$3,096

Mortgage P&I

57%

$1,851

Property Taxes

1%

$28

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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