REI Lense

REI Lense

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$1,704 (target)

611 SE Santa Barbara Pl, Cape Coral, FL 33990

3 beds • 2 baths • 1092 sqft

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This property might be a fair Long-Term investment with a projected 0.45% first-year return on $45,654 initial cash invested.

0.45%

Cash On Cash

6.66%

Cap Rate

1.09

DSCR

$1,704

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,704 income − $1,687 expenses = $17 cash flow

Income$1,704Mortgage P&I$1,10465%Property Taxes$1398%Insurance$2Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$17

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,654

Downpayment

20%

$43,480

Closing costs

1%

$2,174

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,704

Total Expenses

$1,687

Mortgage P&I

65%

$1,104

Property Taxes

8%

$139

Home Insurance

0%

$2

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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