Whitestone Developments: Cape Coral 33993 zip code - Deal/no deal

[Amol Kulkarni]

Hi

Has anyone heard or worked with Whitestone Developments in Cape Coral, FL

They are marketing build to rent SFH on Dry lot or Fresh water canal. Here are cost prices.

1. 4/2 Dry lot : 216K + 20K (lot price) ---> 236K. Rents around 1800-1900. This is around 1570 sqft

2. 4/2 Freshwater canal : 223K + 20K ---> 245K. Rents for  1,800-1,900.

3. 3/2 Dry lot : 209K +20K --> 229K . Rents for  1,700 - 1,800 - This is around 1400 sqft

What is overall appreciation of these houses in 33993 area code

Thank you and appreciate your inputs.