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15248 Blue Bay CIR, Fort Myers, FL 33913

3 beds • 2 baths • 2061 sqft

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This property looks like a bad Airbnb investment with a projected -32.84% first-year return on $219k initial cash invested.

-32.84%

Cash On Cash

-1.59%

Cap Rate

-0.27

DSCR

$1,789

Rent

-$5,991

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$957k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$219k

Downpayment

20%

$191k

Closing costs

1%

$9,566

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,789

Total Expenses

$7,780

Mortgage P&I

260%

$4,651

Property Taxes

69%

$1,239

Home Insurance

20%

$350

HOA

38%

$681

Property Management

15%

$268

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$447

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