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$6,432 (target)

3665 24th AVE SE, Naples, FL 34117

3 beds • 2 baths • 2319 sqft

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This property might be a fair Mid-Term investment with a projected 6.17% first-year return on $137k initial cash invested.

6.17%

Cash On Cash

8.27%

Cap Rate

1.33

DSCR

$6,432

Rent

$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,432 income − $5,729 expenses = $703 cash flow

Income$6,432Mortgage P&I$2,93446%Property Taxes$4106%Insurance$1983%Management$77212%CapEx$2574%Vacancy$1933%Maintenance$2574%Other$70811%Cash Flow$703

Investment Breakdown

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Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,432

Total Expenses

$5,729

Mortgage P&I

46%

$2,934

Property Taxes

6%

$410

Home Insurance

3%

$198

HOA

0%

$0

Property Management

12%

$772

CapEx

4%

$257

Vacancy

3%

$193

Maintenance

4%

$257

Other

11%

$708

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