REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,282 (target)

7221 Eastwood Acres Rd, Fort Myers, FL 33905

3 beds • 2 baths • 2405 sqft

Email

This property looks like a bad Long-Term investment with a projected -22.08% first-year return on $186k initial cash invested.

-22.08%

Cash On Cash

1.52%

Cap Rate

0.25

DSCR

$2,282

Rent

-$3,428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,282 income − $5,710 expenses = $3,428 out of pocket

Income$2,282Out of Pocket$3,428Mortgage P&I$4,437194%Property Taxes$34815%Insurance$33215%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$887k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$177k

Closing costs

1%

$8,870

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,282

Total Expenses

$5,710

Mortgage P&I

194%

$4,437

Property Taxes

15%

$348

Home Insurance

15%

$332

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis