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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 -21.58% first-year return on $123k initial cash invested.

-21.58%

Cash On Cash

0.91%

Cap Rate

0.15

DSCR

$2,531

Rent

-$2,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,531 income − $4,743 expenses = $2,212 out of pocket

Income$2,531Out of Pocket$2,212Mortgage P&I$2,49198%Property Taxes$63225%Insurance$1847%HOA$2219%Management$38015%CapEx$1014%Maintenance$1014%Other$63325%

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

$2,531

Total Expenses

$4,743

Mortgage P&I

98%

$2,491

Property Taxes

25%

$632

Home Insurance

7%

$184

HOA

9%

$221

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$633

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