Number of Homes Available for the Top 10 Job Catego

According to MLS on 7/22/2016. Compiled by Maxwell, Hendry, Simmons, LLC.

Available Rentals
Occupation

Cost of
Living
Approach

HUD 30%
Recommend
ation

Office and
Administrati
ve Support
Occupations

Sales and
Related
Occupations

Food
Preparation
and Serving
Related
Occupations

Healthcare
Practitioners
and
Technical
Occupations

274

154

Construction
and
Extraction
Occupations

Transportati
on and
Material
Moving
Occupations

Education,
Training, and
Library
Occupations

120

12

Building and
Grounds
Cleaning
and
Maintenance
Occupations

Installation,
Maintenance
, and Repair
Occupations

15

Business
and
Financial
Operations
Occupations

225

71

Median
Household
Income

145

15

Median Per
Capita
Income

According to MLS, as of 7/22/2016

Available for Purchase

Debt/Income Approach HUD 30% Recommendation Cost of Living Approac

Occupation

20% Down

3% Down

20% Down

3% Down

20% Down

Office and
Administrati
ve Support
Occupations

61

31

63

31

17

Sales and
Related
Occupations

126

48

105

46

61

Food
Preparation
and Serving
Related
Occupations

24

12

Healthcare
Practitioners
and
Technical
Occupations

1359

1080

1359

844

N/A

Construction
and
Extraction
Occupations

176

56

129

48

108

Transportati
on and
Material
Moving
Occupations

40

22

48

26

Education,
Training, and
Library
Occupations

667

291

443

122

1005

Building and
Grounds
Cleaning
and
Maintenance
Occupations

26

16

37

21

Installation,
Maintenance
, and Repair
Occupations

365

90

243

61

477

Business
and
Financial
Operations
Occupations

1065

747

844

48

N/A

Median
Household
Income

700

348

480

148

1050

Median Per
Capita
Income

35

20

46

24

According to MLS, as of 8/2/2016

Observations

Appraiser Matt Simmons of Maxwell, Hendry, Simmons, LLC provided the following observa

A worker earning the Lee County median per capita income ($27,
444 available properties in Cape Coral, based on our cost of living
recommendations.

Based on both the debt to income approach and the HUD 30% re
median per capita income ($27,578 annually) cannot afford the m
loan for a median price single-family home in Cape Coral ($210,0

Based on both the debt to income approach and the HUD 30% re
median per capita income ($27,578 annually) cannot afford the m

 Based on both the debt to income approach and the HUD 30% re
median per capita income ($27,578 annually) cannot afford the m
loan for a median price single-family home in Cape Coral ($210,0

Based on both the debt to income approach and the HUD 30% re
median per capita income ($27,578 annually) cannot afford the m
median price single-family home in Lehigh Acres ($140,000 in Jun

Four of the top ten job categories cannot afford to rent an availab
living approach (three out of ten, based on the HUD 30% recomm

Based on the cost of living approach, two job categories ('Sales a

Extraction Occupations', approximately 45,650 people) only have
Cape Coral.

Based on the HUD 30% recommendation, three job categories ('S

Administrative Support Occupations' and 'Construction and Extra
have only two available rental properties to choose from in Cape

Based on both the debt to income approach and the HUD 30% re
top ten('Healthcare Practitioners and Technical Occupations', 'Edu
'Business and Financial Operations Occupations') can afford the m
loan for a median price single-family home in Cape Coral ($210,0

Based on both the debt to income approach and the HUD 30% re
top ten ('Healthcare Practitioners and Technical Occupations', 'Ed
'Installation, Maintenance, and Repair Occupations' and 'Business
afford the monthly payments of a 3% down FHA loan for a media
($140,000 in June).

Job Categories in the Cape Coral-Fort Myers MSA

t of Living Approach

3% Down

31

N/A

46

667

148

1256

742

e following observations based on an analysis of area wage and housing data.

a income ($27,578 annually) cannot afford to rent any of the

ur cost of living analysis and HUD's 30% housing payment

he HUD 30% recommendation, a worker earning the Lee County

not afford the monthly payments of a 20% down conventional
e Coral ($210,000 in June).

he HUD 30% recommendation, a worker earning the Lee County

not afford the monthly payments of a 3% down FHA loan for a

he HUD 30% recommendation, a worker earning the Lee County

not afford the monthly payments of a 20% down conventional
e Coral ($210,000 in June).

he HUD 30% recommendation, a worker earning the Lee County

not afford the monthly payments of a 3% down FHA loan for a
$140,000 in June).

rent an available home in Cape Coral, based on the cost of

D 30% recommendation).

gories ('Sales and Related Occupations' and 'Construction and

ople) only have two available rental properties to choose from in

b categories ('Sales and Related Occupations', 'Office and

ction and Extraction Occupations, approximately 82,000 people)
e from in Cape Coral.

he HUD 30% recommendation, only three job categories of the

cupations', 'Education, Training, and Library Occupations', and
an afford the monthly payments of a 20% down conventional
e Coral ($210,000 in June).

he HUD 30% recommendation, only four job categories of the

cupations', 'Education, Training, and Library Occupations',
' and 'Business and Financial Operations Occupations') can
an for a median price single-family home in Lehigh Acres