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12911 Timber Ridge Dr, Fort Myers, FL 33913

3 beds • 2 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -17.09% first-year return on $113k initial cash invested.

-17.09%

Cash On Cash

1.87%

Cap Rate

0.32

DSCR

$2,425

Rent

-$1,602

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,425

Total Expenses

$4,027

Mortgage P&I

91%

$2,205

Property Taxes

13%

$322

Home Insurance

7%

$158

HOA

7%

$178

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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