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516 SE 8th Pl, Cape Coral, FL 33990

3 beds • 2 baths • 1613 sqft

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This property looks like a bad Airbnb investment with a projected -17.14% first-year return on $114k initial cash invested.

-17.14%

Cash On Cash

1.96%

Cap Rate

0.33

DSCR

$2,721

Rent

-$1,634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,800

Closing costs

1%

$4,590

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,721

Total Expenses

$4,355

Mortgage P&I

84%

$2,274

Property Taxes

22%

$609

Home Insurance

6%

$166

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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