REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6561 E Town And River Dr, Fort Myers, FL 33919

3 beds • 2 baths • 1482 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.96% first-year return on $102k initial cash invested.

-10.96%

Cash On Cash

3.63%

Cap Rate

0.6

DSCR

$2,690

Rent

-$931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,690 income − $3,621 expenses = $931 out of pocket

Income$2,690Out of Pocket$931Mortgage P&I$2,03476%Property Taxes$1465%Insurance$1496%Management$40415%CapEx$1084%Maintenance$1084%Other$67225%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,690

Total Expenses

$3,621

Mortgage P&I

76%

$2,034

Property Taxes

5%

$146

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis