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22589 Island Lakes DR, Estero, FL 33928

3 beds • 2 baths • 1734 sqft

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This property looks like a bad Airbnb investment with a projected -22.12% first-year return on $138k initial cash invested.

-22.12%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$1,870

Rent

-$2,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,870 income − $4,412 expenses = $2,542 out of pocket

Income$1,870Out of Pocket$2,542Mortgage P&I$2,811150%Property Taxes$36219%Insurance$20811%HOA$1337%Management$28015%CapEx$754%Maintenance$754%Other$46825%

Investment Breakdown

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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

$1,870

Total Expenses

$4,412

Mortgage P&I

150%

$2,811

Property Taxes

19%

$362

Home Insurance

11%

$208

HOA

7%

$133

Property Management

15%

$280

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$468

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