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3990 Spotted Eagle Way, Fort Myers, FL 33966

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Airbnb investment with a projected -25.82% first-year return on $118k initial cash invested.

-25.82%

Cash On Cash

-0.24%

Cap Rate

-0.04

DSCR

$1,765

Rent

-$2,534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $4,299 expenses = $2,534 out of pocket

Income$1,765Out of Pocket$2,534Mortgage P&I$2,367134%Property Taxes$50629%Insurance$1669%HOA$41223%Management$26515%CapEx$714%Maintenance$714%Other$44125%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,765

Total Expenses

$4,299

Mortgage P&I

134%

$2,367

Property Taxes

29%

$506

Home Insurance

9%

$166

HOA

23%

$412

Property Management

15%

$265

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$441

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