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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 -26.45% first-year return on $180k initial cash invested.

-26.45%

Cash On Cash

-0.09%

Cap Rate

-0.02

DSCR

$1,975

Rent

-$3,965

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$1,975

Total Expenses

$5,940

Mortgage P&I

194%

$3,828

Property Taxes

35%

$691

Home Insurance

14%

$280

HOA

10%

$193

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$494

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