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12880 Kelly Bay CT, Fort Myers, FL 33908

3 beds • 3 baths • 1797 sqft

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This property looks like a bad Airbnb investment with a projected -19.75% first-year return on $65,250 initial cash invested.

-19.75%

Cash On Cash

0.46%

Cap Rate

0.08

DSCR

$2,235

Rent

-$1,074

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,235

Total Expenses

$3,309

Mortgage P&I

48%

$1,071

Property Taxes

16%

$351

Home Insurance

4%

$79

HOA

33%

$736

Property Management

15%

$335

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$559

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