REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,148 (target)

6701 Fiesta Ln, Fort Myers, FL 33919

3 beds • 2 baths • 1092 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.41% first-year return on $70,479 initial cash invested.

8.41%

Cash On Cash

9.25%

Cap Rate

1.47

DSCR

$3,148

Rent

$494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,148 income − $2,654 expenses = $494 cash flow

Income$3,148Mortgage P&I$1,30641%Property Taxes$1906%Insurance$883%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$494

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,148

Total Expenses

$2,654

Mortgage P&I

41%

$1,306

Property Taxes

6%

$190

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis