REI Lense

REI Lense

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$2,380 (target)

418 NW 11th Ter, Cape Coral, FL 33993

3 beds • 2 baths • 1310 sqft

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This property might be a fair Long-Term investment with a projected 0.46% first-year return on $65,079 initial cash invested.

0.46%

Cash On Cash

6.5%

Cap Rate

1.09

DSCR

$2,380

Rent

$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,380 income − $2,355 expenses = $25 cash flow

Income$2,380Mortgage P&I$1,53464%Property Taxes$944%Insurance$1085%Management$23810%CapEx$1195%Vacancy$1436%Maintenance$1195%Cash Flow$25

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,380

Total Expenses

$2,355

Mortgage P&I

64%

$1,534

Property Taxes

4%

$94

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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