1703 SE 8th St

Cape Coral, FL 33990
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5 bd, 3 ba | 2,190 sqft | Built in 1996

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List Price
$229,000

Initial Investment

$64,323

Purchase Price

$229,000

Down Payment

25%

Rent

$2,005

Total Return

$146,555

Annualized Return

26.6%

Cap Rate

5.5%

Gross Yield

10.5%

Cash Flow

-$686

Appreciation

10.9%
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Features

Occupancy

Vacant

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

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Annual Financial Highlights

Expected Rent

$22,857

Expenses

-$7,904

Property Taxes

-$3,189

Loan Payments

-$12,450

Net Cash Flow

-$686

See more in Financials

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