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$4,275 (target)

7226 Kumquat Rd, Fort Myers, FL 33967

3 beds • 2 baths • 1900 sqft

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This property might be a fair Mid-Term investment with a projected 4.05% first-year return on $107k initial cash invested.

4.05%

Cash On Cash

7.42%

Cap Rate

1.25

DSCR

$4,275

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,275 income − $3,914 expenses = $361 cash flow

Income$4,275Mortgage P&I$2,08749%Property Taxes$2345%Insurance$1403%Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%Cash Flow$361

Investment Breakdown

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Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,760

Closing costs

1%

$4,238

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,275

Total Expenses

$3,914

Mortgage P&I

49%

$2,087

Property Taxes

5%

$234

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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