REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,133 (target)

380 New York Dr, Fort Myers, FL 33905

3 beds • 2 baths • 1356 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.39% first-year return on $54,495 initial cash invested.

-3.39%

Cash On Cash

6.42%

Cap Rate

0.97

DSCR

$2,133

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,133 income − $2,287 expenses = $154 out of pocket

Income$2,133Out of Pocket$154Mortgage P&I$1,43567%Property Taxes$2019%Insurance$965%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,133

Total Expenses

$2,287

Mortgage P&I

67%

$1,435

Property Taxes

9%

$201

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis