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13991 Binghampton Dr, Fort Myers, FL 33905

3 beds • 3 baths • 2650 sqft

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This property looks like a bad Airbnb investment with a projected -28.15% first-year return on $180k initial cash invested.

-28.15%

Cash On Cash

-0.52%

Cap Rate

-0.09

DSCR

$1,483

Rent

-$4,220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,483 income − $5,703 expenses = $4,220 out of pocket

Income$1,483Out of Pocket$4,220Mortgage P&I$3,828258%Property Taxes$69147%Insurance$28019%HOA$19313%Management$22215%CapEx$594%Maintenance$594%Other$37125%

Investment Breakdown

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Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,709

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,483

Total Expenses

$5,703

Mortgage P&I

258%

$3,828

Property Taxes

47%

$691

Home Insurance

19%

$280

HOA

13%

$193

Property Management

15%

$222

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$371

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