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3221 NE 15th Pl, Cape Coral, FL 33909

3 beds • 2 baths • 1574 sqft

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This property looks like a bad Airbnb investment with a projected -6.39% first-year return on $86,250 initial cash invested.

-6.39%

Cash On Cash

4.6%

Cap Rate

0.79

DSCR

$2,992

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,992

Total Expenses

$3,451

Mortgage P&I

53%

$1,585

Property Taxes

11%

$315

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

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