REI Lense

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$5,424 (target)

7860 Twin Eagle Ln, Fort Myers, FL 33912

3 beds • 3 baths • 2300 sqft

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This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $134k initial cash invested.

4.98%

Cash On Cash

7.6%

Cap Rate

1.28

DSCR

$5,424

Rent

$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,424 income − $4,868 expenses = $556 cash flow

Income$5,424Mortgage P&I$2,72550%Property Taxes$301%Insurance$2054%HOA$631%Management$65112%CapEx$2174%Vacancy$1633%Maintenance$2174%Other$59711%Cash Flow$556

Investment Breakdown

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Purchase Price

$553k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,526

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,424

Total Expenses

$4,868

Mortgage P&I

50%

$2,725

Property Taxes

1%

$30

Home Insurance

4%

$205

HOA

1%

$63

Property Management

12%

$651

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$597

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