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1446 Poinciana Ave, Fort Myers, FL 33901

3 beds • 1 baths • 1412 sqft

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This property looks like a bad Airbnb investment with a projected -6.11% first-year return on $94,650 initial cash invested.

-6.11%

Cash On Cash

4.63%

Cap Rate

0.79

DSCR

$2,917

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,917

Total Expenses

$3,399

Mortgage P&I

61%

$1,772

Property Taxes

3%

$98

Home Insurance

4%

$128

HOA

0%

$0

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$729

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