Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
2601 SW 37th Ter, Cape Coral, FL 33914, US
Copied

$370,800
BiggerPockets estimate

Off Market
2601 SW 37th Ter, Cape Coral, FL 33914
3 Beds
2 Baths
1,983 Square Feet
0.24 Acres Lot
Built in 1992
Off Market
Units n/a
Checked: 5 months ago
Updated: May 26, 2025 at 11:36AM

Investment Summary


Monthly Cash Flow
-$177
Cap Rate
5.6%
Cash-on-Cash Return
-2.5%
Debt Coverage Ratio
0.91
Internal Rate of Return (5 years)
1.6%

Property Description


0.24 Acres Lot
Built in 1992
Off Market
Units n/a

This property is not currently listed for sale or rent on BiggerPockets. The details below may have been provided by the owner, a third party, or public records.

Located at 2601 SW 37th Ter, Cape Coral, FL (ZIP code 33914) this single family residence features 3 bedrooms, 2 bathrooms and approximately 1,983 square feet of living space. The property sits on a 0.24 acre lot and was built in 1992.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Driveway, Garage, Paved, GarageDoorOpener
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Type: IRR/Cathedral
  • Roof Material: Asphalt
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 054523C304933.0250
  • Lot Size: 10499 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch\Rambler
  • Year Built: 1992

Tax Information

  • Annual Tax: $2,522

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Location

  • County: Lee

Investment Summary


Monthly Cash Flow
-$177
Cap Rate
5.6%
Cash-on-Cash Return
-2.5%
Debt Coverage Ratio
0.91
Internal Rate of Return (5 years)
1.6%

Purchase Details

Find an Agent

Purchase price:
$370,800
Amount financed:
-$296,640
Down payment:
$74,160
Closing costs:
$11,124
Rehab costs:
$0
Initial cash invested:
$85,284
Square feet:
1,983
Cost per square foot:
$187
Monthly rent per square foot:
$1.41

Financing Details

Find a Lender

Loan amount:
$296,640
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,899
Property tax:
$210
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,305

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$210-$2,523
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (33%)
33%-$910-$10,923

Cash Flow


Monthly Yearly
Net operating income:
$1,722 $20,664
Mortgage payments:
-$1,899 -$22,788
Cash flow:
$177 $2,124