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$4,215 (target)

6525 GARLAND STREET, Fort Myers, FL 33966

3 beds • 2 baths • 1573 sqft

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This property looks like a bad Mid-Term investment with a projected -0.41% first-year return on $104k initial cash invested.

-0.41%

Cash On Cash

7.03%

Cap Rate

1.06

DSCR

$4,215

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,215 income − $4,251 expenses = $36 out of pocket

Income$4,215Out of Pocket$36Mortgage P&I$2,27754%Property Taxes$3909%Insurance$1504%Management$50612%CapEx$1694%Vacancy$1263%Maintenance$1694%Other$46411%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,280

Closing costs

1%

$4,114

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,215

Total Expenses

$4,251

Mortgage P&I

54%

$2,277

Property Taxes

9%

$390

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$506

CapEx

4%

$169

Vacancy

3%

$126

Maintenance

4%

$169

Other

11%

$464

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