REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,266 (target)

6561 E Town And River Dr, Fort Myers, FL 33919

3 beds • 2 baths • 1482 sqft

Email

This property could be a profitable Mid-Term investment with a projected 13.49% first-year return on $102k initial cash invested.

13.49%

Cash On Cash

10.18%

Cap Rate

1.67

DSCR

$5,266

Rent

$1,146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,266 income − $4,120 expenses = $1,146 cash flow

Income$5,266Mortgage P&I$2,03439%Property Taxes$1463%Insurance$1493%Management$63212%CapEx$2114%Vacancy$1583%Maintenance$2114%Other$57911%Cash Flow$1,146

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,266

Total Expenses

$4,120

Mortgage P&I

39%

$2,034

Property Taxes

3%

$146

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$632

CapEx

4%

$211

Vacancy

3%

$158

Maintenance

4%

$211

Other

11%

$579

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis