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18271 Ridgeline DR, Estero, FL 33928

3 beds • 3 baths • 1852 sqft

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This property looks like a bad Airbnb investment with a projected -17.05% first-year return on $123k initial cash invested.

-17.05%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$3,425

Rent

-$1,747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,425 income − $5,172 expenses = $1,747 out of pocket

Income$3,425Out of Pocket$1,747Mortgage P&I$2,49173%Property Taxes$63218%Insurance$1845%HOA$2216%Management$51415%CapEx$1374%Maintenance$1374%Other$85625%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,425

Total Expenses

$5,172

Mortgage P&I

73%

$2,491

Property Taxes

18%

$632

Home Insurance

5%

$184

HOA

6%

$221

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$856

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