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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 -22.6% first-year return on $118k initial cash invested.

-22.6%

Cash On Cash

0.62%

Cap Rate

0.1

DSCR

$2,372

Rent

-$2,218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$2,372

Total Expenses

$4,590

Mortgage P&I

100%

$2,367

Property Taxes

21%

$506

Home Insurance

7%

$166

HOA

17%

$412

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$593

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