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908 SE 21st Ter, Cape Coral, FL 33990

3 beds • 2 baths • 1521 sqft

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This property looks like a bad Airbnb investment with a projected -2.81% first-year return on $79,950 initial cash invested.

-2.81%

Cash On Cash

5.41%

Cap Rate

0.95

DSCR

$2,846

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$3,033

Mortgage P&I

49%

$1,403

Property Taxes

6%

$160

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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