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$5,406 (target)

3030 SW 24th Ave, Cape Coral, FL 33914

3 beds • 3 baths • 2016 sqft

$1,013,900

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This property looks like a bad Mid-Term investment with a projected -14.1% first-year return on $231k initial cash invested.

-14.1%

Cash On Cash

3%

Cap Rate

0.5

DSCR

$5,406

Rent

-$2,714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,406 income − $8,120 expenses = $2,714 out of pocket

Income$5,406Out of Pocket$2,714Mortgage P&I$5,02993%Property Taxes$87716%Insurance$3767%Management$64912%CapEx$2164%Vacancy$1623%Maintenance$2164%Other$59511%

Investment Breakdown

|

Purchase Price

$1014k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$203k

Closing costs

1%

$10,139

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,406

Total Expenses

$8,120

Mortgage P&I

93%

$5,029

Property Taxes

16%

$877

Home Insurance

7%

$376

HOA

0%

$0

Property Management

12%

$649

CapEx

4%

$216

Vacancy

3%

$162

Maintenance

4%

$216

Other

11%

$595

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