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$3,058 (target)

3700 40th St SW, Lehigh Acres, FL 33976

3 beds • 2 baths • 1630 sqft

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This property might be a fair Mid-Term investment with a projected 4.68% first-year return on $83,100 initial cash invested.

4.68%

Cash On Cash

7.71%

Cap Rate

1.29

DSCR

$3,058

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,058 income − $2,734 expenses = $324 cash flow

Income$3,058Mortgage P&I$1,54551%Property Taxes$421%Insurance$1084%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$324

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,058

Total Expenses

$2,734

Mortgage P&I

51%

$1,545

Property Taxes

1%

$42

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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