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1538 Wilton Ln, Sanibel, FL 33957

3 beds • 3 baths • 1966 sqft

$1,150,000

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This property looks like a bad Airbnb investment with a projected -23.64% first-year return on $260k initial cash invested.

-23.64%

Cash On Cash

0.73%

Cap Rate

0.12

DSCR

$3,048

Rent

-$5,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,048 income − $8,161 expenses = $5,113 out of pocket

Income$3,048Out of Pocket$5,113Mortgage P&I$5,687187%Property Taxes$58419%Insurance$40213%HOA$251%Management$45715%CapEx$1224%Maintenance$1224%Other$76225%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,048

Total Expenses

$8,161

Mortgage P&I

187%

$5,687

Property Taxes

19%

$584

Home Insurance

13%

$402

HOA

1%

$25

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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