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2230 Crystal Dr, Fort Myers, FL 33907

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Airbnb investment with a projected -13.43% first-year return on $104k initial cash invested.

-13.43%

Cash On Cash

3.09%

Cap Rate

0.5

DSCR

$2,572

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,572 income − $3,734 expenses = $1,162 out of pocket

Income$2,572Out of Pocket$1,162Mortgage P&I$2,11282%Property Taxes$2379%Insurance$1506%Management$38615%CapEx$1034%Maintenance$1034%Other$64325%

Investment Breakdown

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Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,720

Closing costs

1%

$4,086

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,572

Total Expenses

$3,734

Mortgage P&I

82%

$2,112

Property Taxes

9%

$237

Home Insurance

6%

$150

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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