REI Lense

REI Lense

Unlock all features! Tap here to upgrade

22589 Island Lakes DR, Estero, FL 33928

3 beds • 2 baths • 1734 sqft

Email

This property looks like a bad Airbnb investment with a projected -22.95% first-year return on $138k initial cash invested.

-22.95%

Cash On Cash

0.51%

Cap Rate

0.09

DSCR

$1,685

Rent

-$2,637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,685 income − $4,322 expenses = $2,637 out of pocket

Income$1,685Out of Pocket$2,637Mortgage P&I$2,811167%Property Taxes$36221%Insurance$20812%HOA$1338%Management$25315%CapEx$674%Maintenance$674%Other$42125%

Investment Breakdown

|

Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,710

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,685

Total Expenses

$4,322

Mortgage P&I

167%

$2,811

Property Taxes

21%

$362

Home Insurance

12%

$208

HOA

8%

$133

Property Management

15%

$253

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$421

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis