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1022 Lindgren Blvd, Sanibel, FL 33957

3 beds • 2 baths • 1667 sqft

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This property looks like a bad Airbnb investment with a projected -19.51% first-year return on $224k initial cash invested.

-19.51%

Cash On Cash

1.76%

Cap Rate

0.3

DSCR

$4,965

Rent

-$3,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,965 income − $8,607 expenses = $3,642 out of pocket

Income$4,965Out of Pocket$3,642Mortgage P&I$4,88598%Property Taxes$86017%Insurance$4529%HOA$261%Management$74515%CapEx$1994%Maintenance$1994%Other$1,24125%

Investment Breakdown

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Purchase Price

$981k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$224k

Downpayment

20%

$196k

Closing costs

1%

$9,809

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,965

Total Expenses

$8,607

Mortgage P&I

98%

$4,885

Property Taxes

17%

$860

Home Insurance

9%

$452

HOA

1%

$26

Property Management

15%

$745

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,241

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