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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 Long-Term investment with a projected -23.71% first-year return on $201k initial cash invested.

-23.71%

Cash On Cash

1.11%

Cap Rate

0.19

DSCR

$3,990

Rent

-$3,969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$957k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$191k

Closing costs

1%

$9,566

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,990

Total Expenses

$7,959

Mortgage P&I

117%

$4,651

Property Taxes

31%

$1,239

Home Insurance

9%

$350

HOA

17%

$681

Property Management

10%

$399

CapEx

5%

$200

Vacancy

6%

$239

Maintenance

5%

$200

Other

0%

$0

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