REI Lense

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$3,351 (target)

3990 Spotted Eagle Way, Fort Myers, FL 33966

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Long-Term investment with a projected -11.69% first-year return on $99,750 initial cash invested.

-11.69%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$3,351

Rent

-$972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,750

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,351

Total Expenses

$4,323

Mortgage P&I

71%

$2,367

Property Taxes

15%

$506

Home Insurance

5%

$166

HOA

12%

$412

Property Management

10%

$335

CapEx

5%

$168

Vacancy

6%

$201

Maintenance

5%

$168

Other

0%

$0

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