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12309 Country Day Cir, Fort Myers, FL 33913

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Airbnb investment with a projected -23.65% first-year return on $118k initial cash invested.

-23.65%

Cash On Cash

0.36%

Cap Rate

0.06

DSCR

$1,980

Rent

-$2,328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,980 income − $4,308 expenses = $2,328 out of pocket

Income$1,980Out of Pocket$2,328Mortgage P&I$2,392121%Property Taxes$60931%Insurance$1759%HOA$1829%Management$29715%CapEx$794%Maintenance$794%Other$49525%

Investment Breakdown

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Purchase Price

$477k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,360

Closing costs

1%

$4,768

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,980

Total Expenses

$4,308

Mortgage P&I

121%

$2,392

Property Taxes

31%

$609

Home Insurance

9%

$175

HOA

9%

$182

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$495

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