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$3,448 (target)

8168 Albatross Rd, Fort Myers, FL 33967

3 beds • 2 baths • 1145 sqft

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This property could be a profitable Mid-Term investment with a projected 12.33% first-year return on $72,390 initial cash invested.

12.33%

Cash On Cash

10.47%

Cap Rate

1.64

DSCR

$3,448

Rent

$744

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,448 income − $2,704 expenses = $744 cash flow

Income$3,448Mortgage P&I$1,37740%Property Taxes$642%Insurance$913%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%Cash Flow$744

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,448

Total Expenses

$2,704

Mortgage P&I

40%

$1,377

Property Taxes

2%

$64

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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