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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 Long-Term investment with a projected -3.89% first-year return on $61,950 initial cash invested.

-3.89%

Cash On Cash

5.29%

Cap Rate

0.93

DSCR

$1,980

Rent

-$201

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

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,980

Total Expenses

$2,181

Mortgage P&I

71%

$1,403

Property Taxes

8%

$160

Home Insurance

5%

$103

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

919 Se 21st Ln, Cape Coral, FL 33990

$2,250

3

2

1546

0.1 mi

1903 Academy Blvd, Cape Coral, FL 33990

$1,700

3

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0.4 mi

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$2,475

3

2

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0.3 mi

1117 Se 18th Ter, Cape Coral, FL 33990

$1,685

3

2

1522

0.6 mi

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$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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