2809 17th St SW

Lehigh Acres, FL 33976
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3 bd, 2 ba | 1,008 sqft | Built in 1988

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List Price
$135,000

Initial Investment

$36,239

Purchase Price

$130,000

Down Payment

25%

Rent

$1,250

Total Return

$61,127

Annualized Return

22.3%

Cap Rate

6.3%

Gross Yield

11.5%

Cash Flow

$423

Appreciation

7.9%
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Features

Occupancy

Occupied

Lease Start

11/10/2018

Lease End

10/31/2019

Lot Size

10,585

HOA

None

Flood Risk

Not Required

  • Less than $850 in immediate repairs
  • New flooring, granite countertops, and stainless steel appliances
  • Two-story home bordering open space
  • Large deck on second story

See more in Analysis

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$5,160

Property Taxes

-$1,600

Loan Payments

-$7,067

Net Cash Flow

$423

See more in Financials

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