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1057 Sand Castle Rd, Sanibel, FL 33957

3 beds • 2 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -21.86% first-year return on $224k initial cash invested.

-21.86%

Cash On Cash

1.2%

Cap Rate

0.2

DSCR

$3,816

Rent

-$4,089

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,816 income − $7,905 expenses = $4,089 out of pocket

Income$3,816Out of Pocket$4,089Mortgage P&I$4,918129%Property Taxes$71419%Insurance$41811%HOA$231%Management$57215%CapEx$1534%Maintenance$1534%Other$95425%

Investment Breakdown

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Purchase Price

$983k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$224k

Downpayment

20%

$197k

Closing costs

1%

$9,833

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,816

Total Expenses

$7,905

Mortgage P&I

129%

$4,918

Property Taxes

19%

$714

Home Insurance

11%

$418

HOA

1%

$23

Property Management

15%

$572

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$954

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