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15910 LAKE CANDLEWOOD DR, Fort Myers, FL 33908

3 beds • 2 baths • 1782 sqft

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This property looks like a bad Airbnb investment with a projected -10% first-year return on $108k initial cash invested.

-10%

Cash On Cash

3.62%

Cap Rate

0.62

DSCR

$2,838

Rent

-$898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,480

Closing costs

1%

$4,274

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$3,736

Mortgage P&I

73%

$2,072

Property Taxes

5%

$142

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

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