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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 -16.72% first-year return on $123k initial cash invested.

-16.72%

Cash On Cash

2.2%

Cap Rate

0.37

DSCR

$3,487

Rent

-$1,714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,487 income − $5,201 expenses = $1,714 out of pocket

Income$3,487Out of Pocket$1,714Mortgage P&I$2,49171%Property Taxes$63218%Insurance$1845%HOA$2216%Management$52315%CapEx$1394%Maintenance$1394%Other$87225%

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

$3,487

Total Expenses

$5,201

Mortgage P&I

71%

$2,491

Property Taxes

18%

$632

Home Insurance

5%

$184

HOA

6%

$221

Property Management

15%

$523

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$872

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