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2124 Saint Croix Ave, Fort Myers, FL 33905

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Airbnb investment with a projected -18.38% first-year return on $137k initial cash invested.

-18.38%

Cash On Cash

1.6%

Cap Rate

0.27

DSCR

$1,939

Rent

-$2,093

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,939

Total Expenses

$4,032

Mortgage P&I

143%

$2,768

Property Taxes

7%

$134

Home Insurance

10%

$198

HOA

0%

$0

Property Management

15%

$291

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$485

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