REI Lense

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$2,215 (target)

3016 43rd ST W, Lehigh Acres, FL 33971

3 beds • 3 baths • 1650 sqft

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This property looks like a bad Long-Term investment with a projected -5.07% first-year return on $76,650 initial cash invested.

-5.07%

Cash On Cash

5.22%

Cap Rate

0.88

DSCR

$2,215

Rent

-$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,215 income − $2,539 expenses = $324 out of pocket

Income$2,215Out of Pocket$324Mortgage P&I$1,80281%Property Taxes$321%Insurance$1286%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,215

Total Expenses

$2,539

Mortgage P&I

81%

$1,802

Property Taxes

1%

$32

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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