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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 Long-Term investment with a projected -2.9% first-year return on $47,250 initial cash invested.

-2.9%

Cash On Cash

5.87%

Cap Rate

1.03

DSCR

$2,870

Rent

-$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,870

Total Expenses

$2,984

Mortgage P&I

37%

$1,071

Property Taxes

12%

$351

Home Insurance

3%

$79

HOA

26%

$736

Property Management

10%

$287

CapEx

5%

$144

Vacancy

6%

$172

Maintenance

5%

$144

Other

0%

$0

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