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$3,423 (target)

7221 Eastwood Acres Rd, Fort Myers, FL 33905

3 beds • 2 baths • 2405 sqft

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This property looks like a bad Mid-Term investment with a projected -16.8% first-year return on $204k initial cash invested.

-16.8%

Cash On Cash

2.32%

Cap Rate

0.39

DSCR

$3,423

Rent

-$2,859

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,423 income − $6,282 expenses = $2,859 out of pocket

Income$3,423Out of Pocket$2,859Mortgage P&I$4,437130%Property Taxes$34810%Insurance$33210%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%

Investment Breakdown

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Purchase Price

$887k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$204k

Downpayment

20%

$177k

Closing costs

1%

$8,870

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,423

Total Expenses

$6,282

Mortgage P&I

130%

$4,437

Property Taxes

10%

$348

Home Insurance

10%

$332

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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