REI Lense

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$3,024 (target)

546 Genoa Ave S, Lehigh Acres, FL 33974

3 beds • 2 baths • 1546 sqft

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This property might be a fair Mid-Term investment with a projected 2.01% first-year return on $88,350 initial cash invested.

2.01%

Cash On Cash

7.03%

Cap Rate

1.16

DSCR

$3,024

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,024

Total Expenses

$2,876

Mortgage P&I

56%

$1,693

Property Taxes

1%

$37

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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