REI Lense

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$3,945 (target)

816 SW 28th Ter, Cape Coral, FL 33914

3 beds • 2 baths • 1812 sqft

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This property might be a fair Long-Term investment with a projected 4.92% first-year return on $82,866 initial cash invested.

4.92%

Cash On Cash

7.98%

Cap Rate

1.26

DSCR

$3,945

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,945 income − $3,605 expenses = $340 cash flow

Income$3,945Mortgage P&I$2,08853%Property Taxes$3489%Insurance$1444%Management$39410%CapEx$1975%Vacancy$2376%Maintenance$1975%Cash Flow$340

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,866

Downpayment

20%

$78,920

Closing costs

1%

$3,946

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,945

Total Expenses

$3,605

Mortgage P&I

53%

$2,088

Property Taxes

9%

$348

Home Insurance

4%

$144

HOA

0%

$0

Property Management

10%

$394

CapEx

5%

$197

Vacancy

6%

$237

Maintenance

5%

$197

Other

0%

$0

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