REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,620 (target)

311 Oklahoma Ave, Fort Myers, FL 33905

3 beds • 2 baths • 2222 sqft

Email

This property might be a fair Long-Term investment with a projected 5.74% first-year return on $57,876 initial cash invested.

5.74%

Cash On Cash

7.8%

Cap Rate

1.3

DSCR

$2,620

Rent

$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $2,343 expenses = $277 cash flow

Income$2,620Mortgage P&I$1,38353%Property Taxes$1777%Insurance$1024%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%Cash Flow$277

Investment Breakdown

|

Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,876

Downpayment

20%

$55,120

Closing costs

1%

$2,756

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,620

Total Expenses

$2,343

Mortgage P&I

53%

$1,383

Property Taxes

7%

$177

Home Insurance

4%

$102

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis