1703 SE 8th St Cape Coral, FL 33990
5bd, 3ba | 2,190sqft | Built in 1996
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Initial Investment
$234,356
List Price: $229,000
Purchase Price
$229,000
Down Payment
100%
Rent
$2,005

Total Return
$101,923
Annualized Return
8.2%
Cap Rate
5.5%
Gross Yield
10.5%
Cash Flow
$11,764
Appreciation
4.5%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
10,019 
HOA
None
Flood Risk
Not Required
  • Seller to provide $1,920.00 credit at closing
  • 4 Star Neighborhood Rating
  • 1 Year Historical Appreciation of 9.4%
  • Large 5 Bed/3 Bath Home

Annual Financial Highlight
Expected Rent
$22,857
Expenses
-$7,903
Property Taxes
-$3,189
Loan Payments
$0

Net Cash Flow
$11,764
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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