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$2,896 (target)

3009 37th St W, Lehigh Acres, FL 33971

3 beds • 2 baths • 1272 sqft

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This property might be a fair Mid-Term investment with a projected 7.27% first-year return on $70,794 initial cash invested.

7.27%

Cash On Cash

8.69%

Cap Rate

1.43

DSCR

$2,896

Rent

$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,896 income − $2,467 expenses = $429 cash flow

Income$2,896Mortgage P&I$1,27544%Property Taxes$1174%Insurance$893%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$429

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,794

Downpayment

20%

$50,280

Closing costs

1%

$2,514

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,896

Total Expenses

$2,467

Mortgage P&I

44%

$1,275

Property Taxes

4%

$117

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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