REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,384 (target)

320 Georgia Ave, Fort Myers, FL 33905

3 beds • 2 baths • 2246 sqft

Email

This property could be a profitable Mid-Term investment with a projected 22.09% first-year return on $88,917 initial cash invested.

22.09%

Cash On Cash

12.5%

Cap Rate

2.11

DSCR

$5,384

Rent

$1,637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,384 income − $3,747 expenses = $1,637 cash flow

Income$5,384Mortgage P&I$1,66531%Property Taxes$1122%Insurance$1403%Management$64612%CapEx$2154%Vacancy$1623%Maintenance$2154%Other$59211%Cash Flow$1,637

Investment Breakdown

|

Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,917

Downpayment

20%

$67,540

Closing costs

1%

$3,377

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,384

Total Expenses

$3,747

Mortgage P&I

31%

$1,665

Property Taxes

2%

$112

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$646

CapEx

4%

$215

Vacancy

3%

$162

Maintenance

4%

$215

Other

11%

$592

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis